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Help Me Choose Please!!!

Smartbrotha07Smartbrotha07 Registered User Posts: 185 Junior Member
edited April 2007 in Business Major
Hey,

I am currently deciding between Carnegie Mellon University's business school Tepper, or the University of Miami's business school. I live in Miami so it would be close by. Miami is also offering me a full ride + about $10,000 pocket money. However, I've heard Tepper is really prestigious and is worth the extra money. I was offered about $37000 in grants from CMU and a $2500 work study and $3000 loan. So a little over $42000 was the total financial aid offered. The Cost of Attendance is about $49000. Is CMU worth the extra 6 or 7 grand a year in loans, or should I just stick with UM for undergrad since I will be making money on top of receiving full tuition?
Post edited by Smartbrotha07 on

Replies to: Help Me Choose Please!!!

  • Smartbrotha07Smartbrotha07 Registered User Posts: 185 Junior Member
    bump.........anyone???
  • gomez95gomez95 Registered User Posts: 646 Member
    Your getting 10000$ from Miami. Ok I've never heard of that:P. Strange.

    Anyway , if your family is comfortable with paying the extra 6000$ , then Tepper it is.
    However if paying this sum back would pose some financial problems then University of Miami it should be.
  • Smartbrotha07Smartbrotha07 Registered User Posts: 185 Junior Member
    Yeah I know it is a lot of money I will be receiving. Currently, CMU is reconfiguring my financial aid package to offer me a more competitve package since I showed them UM's package. I guess i'll see tomorrow because it will be done then.
  • Smartbrotha07Smartbrotha07 Registered User Posts: 185 Junior Member
    I received an updated financial aid offer from CMU and now they offered me an additional $6000 in scholarship money per year, making my full financial aid package $48000 + yearly, which covers just about everything since the COA is about $49000. I guess this makes my decision a little bit harder now. :-/
  • shubhsinghi6700shubhsinghi6700 Registered User Posts: 154 Junior Member
    I'd personally pick Carnegie Mellon.

    It has a better reputation than Miami from what I understand.

    But then again...i'm just a junior.

    good luck.
  • gomez95gomez95 Registered User Posts: 646 Member
    Ah , I'd go for Tepper. Its the better school and theres no financial concern.
  • Smartbrotha07Smartbrotha07 Registered User Posts: 185 Junior Member
    thanks for your comments. I still have about a week to decide so i'll just think about it some more.
  • Smartbrotha07Smartbrotha07 Registered User Posts: 185 Junior Member
    Hey guys...I have decided to go visit CMU this Thursday and Friday. This will hopefully give me a better idea so I can make my final decision. I should have my FINAL decision by Saturday after coming back.
This discussion has been closed.