I was accepted into the finance program at the University of New Haven on their Presidential Scholarship. I have completed my first year of education at my community college and I was planning to transfer to Southern CT State University, before I applied to UNH. UNH incorporates internships into the curriculum, where as at Southern does not. UNH acceptance rate is 64% and Southern is 72%. Full tuition at Southern is $10,000, while UNH is $35,000. After calculating all the reductions I would receive towards tuition, Southern would cost me around $4,000 a year and UNH $11,000 a year.
What kind of difference? Some schools have entree into IB work (I doubt UNH is one). I don’t think UNH vs. Southern is a big difference but if you get better internships from UNH it may be.
What I mean by difference, is will UNH give me better opportunities because of the school itself and the internships.
Talk to each school and ask them where students have interned.
It depends on the school, the field of study etc. You need to do the research/legwork to decide if the price differential between the two schools you are considering is worth it for the field you want to study. You can contact career placement, the dept. you want to study in etc. and ask questions. See where students intern, where they get hired etc. And keep in mind that students do internships during summer breaks if it doesn’t work out to do them over the school year.
I have contacted both schools multiple times by phone and email, without a response; this seems to be a large issue in many colleges. UNH, specifically lists the companies, that participate in the finance internship program. Southern’s internship page looks like crumbs compared to UNH. The reason why I applied to UNH was because of there internship program, so I think I will worry less about the money NOW, and take it as an investment for my future.
UNH:
Aetna
PricewaterhouseCoopers (PwC)
Carrier
Proctor and Gamble
EMC
Sikorsky
Ernst & Young
Standard and Poors
The Hartford
UBS (New Haven)
Merrill Lynch
UBS (Stamford)
Northwestern Mutual
UTC (corporate headquarters)
Southern:
Men’s warehouse(a retail store…)
Some unknown insurance company
$11K a year is a reasonable amount. Between a student loan and work you should be able to afford it.
Yes, the college you attend DOES make a difference, especially when it provides mentorships, internships, opportunities to do research, paths to graduate or professional schools, and connections to the working world. There are many of us parents who are paying many thousands of dollars more for our kids to go to colleges that we think will provide these things better than some of the lower cost alternatives. If there was some way you could talk to some of the seniors in the finance program at UNH, it might help you feel more confident about your decision.