Did you get a folder in the mail? We did. It said: Your Financial AId Offer! Inside was the amount of $0. Pretty funny. But if you didnt get the hard hand to the face, you might still have a chance - definatey inquire, doesnt cost anything to ask!
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We havenât gotten anything in the mail other than the offer but that was awhile ago when she was admitted.
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Canva is a portal used across many universities - it is a platform where students keep organized, submit assignments, see grades etc. I do not think it would intersect with admissions decisions.
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Hi! I thought someone had mentioned this earlier, but I canât find a post about it: Has anyone had luck in getting booked into a full admitted students day? Or is there no wiggle room?
Thank you! I apologize if my search missed an obvious answer.
We are going to the red carpet day in mid April and I think he registered as business? Not sure if anyone else has done that. Hoping we get the business info regardless of the appeal result.
Edit - to be clear son was accepted pre business but not a direct admit to Kelley. So accepted at IU which is maybe not what you were asking?
For folks waiting for petition appeal /result to Kelley business, we attended webinar yesterday where they informed that those will come out by April 14
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Good luck to those Jacobs kids out there. My son has accepted his place at UNT for Percussion Performance. The high price starting point at IU is too bad. Was awarded $19,500 which we are all grateful for, but that still didnât come close to his 4 other music schools! Love the school that loves you back!
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I know this forum is mostly Kelley talk, but there are a few of us non-Kelley folks here, haha! My daughter received a scholarship from HLS (Hamilton Lugar School) in addition to Deanâs from office of admissions. Has anyone else received one from HLS? I canât find any specifics online about what they offer, other than, âWe offer some scholarships.â Just wondering what the range of awards specifically from HLS is for freshmen!
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My son has been directly admitted into Kelley and was accepted into the ACE Program. Kelley is in state for us and he has received $20k per year in scholarships. His dream school has always been the University of Michigan and he was recently admitted into the Ross School of Business after being deferred. Ross is out of state and would cost at least $60k per year. Right now, weâre having a hard time justifying the extra tuition. He is currently interested in finance or accounting. Will Kelley provide the same opportunities as Ross or Ross worth the extra tuition? He is also not very excited about the housing situation at IU since it seems like it is completely random and he may not get the enhanced dorm in northwest that he wants.
Kelly is an excellent school and program. Saying that we were between Purdue, UIUC and Michigan for engineering and we felt it was worth the extra costs which were around $25,000/year at the time.
We used our 529 and current income but we were able to afford it.
So itâs really a personal decision and no stranger can answer that for you. If your not taking out a second mortgage and dipping into your retirement or itâs not a financial strain on your family then only you can decide. My son graduated in 2021 and yes, I would love to have that $100,000 back but we felt the opportunities were worth it plus my wife was an alumni. If we couldnât financially do it we would not.
We had direct and open discussions with our kids about finances. They would never ever expect us to dig that deep if we couldnât.
You have two great school choices so congratulations.
Ross in Junior and Senior years would be $80k+ in tuition alone, before even accounting for housing and food. Kelley ACE + instate means it is almost a full ride for 4 years.
Ross has the same âselective clubâ culture as Kelley (check their reddit for all the stories of students missing out on club recruiting). Whereas at Kelley as an ACE Scholar, your son would have âone foot into the doorâ of the cohort that is in the workshop/honors programs/doing recruiting for Investment Banking etc.
Key differences: Ross has an aggressive 3.0/3.1 GPA curve, and the bigger challenge would be to stay on top of it. As long as you are above average, clubs matter less than at Kelley and you can be competitive for those tippy-top jobs. Also note that Ross is a generic BBA with no majors, and more than half your classes will be liberal art electives.
(Will note that, objectively speaking, banks and consulting firms are trending the opposite way on this, becoming much more meritocratic in the last 5-10 years. Much less inclined to take a student with 3.5 GPA and no leadership invovements at a âbrand nameâ school, and much more focused on resume screening, casing and technicals).
Kelley: No academic curve, most classes based off a points system, and you will literally take less than 5 non-business classes throughout your degree. Lots of specializations, majors and focus on application. Frankly, easier to be above average in grades, and even get tippy-top grades (3.9+) because of that no-curve policy and average student quality; the bigger challenge is getting into selective clubs and organizations like the Investment Banking Workshop. Professors and staff are very âhands-onâ, with many coming from industry as Lecturers rather than PhD-track academics. With ACE he may not ever have a class above 50 students.
In my personal (and biased) opinion, Ross is not worth 400k+ more than Kelley. However, there is no one right answer. Decision will likely come down to agreement between yourself and DS, head v. heart etc.
Not a fan of Kelley, and have a huge admiration for Michigan Ross, but Iâd still say Kelley ACE would be a better option, especially considering the price as well as the extra benefits thatâd come being in an âexclusiveâ group at Kelley.
One never knows where theyâll be at the right place at the right time. Kids come from no name schools and get better outcomes than top schools. Not on the averages, of course, but thereâs no assurances - is my point.
Can your family afford Michigan?
In State IU with merit vs. Michigan full pay - thatâs a huge delta x 4.
Only you can answer whether itâs worth it. Will it impact your day to day life or retirement?
Kids stay in dorms for a year in most cases - so Iâm not sure thatâs a good reason to pay $40 or $50K a year more - but again itâs personal.
Both are top notch schools.
Best of luck.
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Overall I would be inclined to choose Kelley ACE for the reasons others have stated. My senior chose Wisconsin bc she got into the BEL scholars program in their business shcool. Not apples to apples bc she is on the WL at Ross but she chose UW over higher ranked programs and with her scholarship (OOS) we are thrilled for her.
Something else to consider is fit and goals that are specific to your child. My senior is a high achieving kid and could be happy in a number of schools. Sheâs driven but I would say sheâs happy to be in the middle of the pack and enjoying life within a strong program. My junior on the other hand is a high stats, aggressive and extremely driven kid. Would we be more inclined to pay more for a top program for our junior knowing sheâs going to utilize the resources and name brand to the fullest bc she enjoys that type of engagement and competitive environment? Possibly.
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Different thoughts:
- your financial situation - if you can afford either without compromising - just choose.
- if student imagined they will strive for an accounting spot at a Big 4 firm for internship & beyond⊠the fact that they are starting in ACE or at Ross suggests they should be able to lock that in - assuming they stay on top of the application process early - from either school.
- if money is a discussion/concern - do the math. Itâs pretty clear. Would you rather reward the student with a six-figure graduation/relocation gift? Or spend on the college brand (I know Umich is a great brand⊠but Iâd also say Kelley is also respected). Especially in accounting and finance.
- I would not base any decision dorm situation. Thatâs seriously a non factor. And if it is⊠you should be concerned. We are talking about 12 weeks in fall and 12 weeks of spring semester. Both campuses are incredibly walkable. And then youâll likely never live in a dorm again.
I went to Umich, I have a kid at IU, a kid at Purdue. It is a big decision - and the student wanting to be there matters. Just donât go into crazy debt if thatâs the outcome.
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And, besides, who knows what job prospects and business realities will be in 4 years?
Place your bet based on what you can afford. They are both close enough.
In fact, if your kid is up for accounting, nearly any accounting school will do.
You kidâs success in the business world will have less to do with which school he attends than his attitude, work ethic, networking ability, and luck.
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100% - my nephew went to UNLV and all the big firms were there - it was more location based - they were hiring for SF and Denver vs. Chicago as an example.
You never hear UNLV on these threads - itâs not a school people aspire to but yet Deloitte, EY, PWC, etc. were all there hiring kids.
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Does anyone in the finance world really believe that there is some secret accounting sauce that a particular school has and others donât? Passing the CPA/CMA exams is what counts. Everything else is up to the individual.
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Itâs really interesting whatâs happening in the industry (former CPA here.)
Many firms (consulting, public accounting, etc.) are will now also hire finance majors for traditional accounting major type jobs in audit, tax, etc, because there arenât enough graduating accounting majors.
Iâm not sure yet if this spells doom for the 150 hour accounting requirement (which was imposed at some point after I graduated with my bachelors and could take the CPA test right out of school) or for the need to even sit for the CPA test, but it will be interesting to see how things develop.
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