I’m not sure why you see a distinction between a BFA program and a conservatory. Both BFAs and conservatory programs are 5 day a week dance programs with limited academics. They are designed for preprofessional dancers. The BA degree would allow a dance major room for academics. Or a double major. See this article.
http://www.danceinforma.com/2012/12/05/to-bfa-or-ba-that-is-the-question/
We’ve looked at a few programs. Emory, Skidmore, William & Mary, FSU, VAssar, Mt Holyoke, Richmond. You have to look at the curriculum and what kind of dance classes are offered. Ballet modern etc. also what are the demands of the dance performances. D said seeing bunheads on the Emory campus made her happy.