What does this mean? If taking the money will cause problems between the twins I would NOT take the money. I could also support not taking the money no matter what for many of the reasons others have already stated. Personally I would be extremely unhappy with the grandparents and would let them know that, whether my parents or in-laws.
I also wouldn’t call Kelley cutthroat. But that’s subjective…one person’s ‘cutthroat’ is another’s ‘it’s competitive and I love to compete.’ The reality is it’s competitive at Kelley in many ways, and it’s large (~2500/class, as compared to Gies of 750)…so not a great fit for some students. IMO an example is introverted students.
This post is a good summary of Kelley plusses/minuses (my favorite ‘the smarmy always networking crowd’ because that is dead on): IU Kelley Petition Tracker 2025 - #400 by jefrobertson
This is just uninformed. Example, a potential accounting major will need 150 hours to sit for the CPA (and honestly, if one doesn’t want to do that don’t become an accounting major because many jobs (not all) that formerly took only accounting majors now take finance majors.) There are other reasons a finance/other business major might want to get a grad degree whether MBA, or masters in something like data analytics, MIS, AI, etc. The undergrad school has no bearing on whether or not one would need/want a grad degree.
For student 1, assuming no money from the grands, I wouldn’t hesitate to go UIUC Gies. It’s a small biz school with excellent outcomes in both finance or accounting. UIUC students are also happy. If this student ended up only majoring in accounting this would also be the best choice IMO.
For student 2, I might say UGA honors, but that still doesn’t seem affordable, in which case I would encourage FL honors. I hope they have visited these schools, for many reasons.
Lastly, you didn’t mention the gender of these twins. If either are female I would really hesitate to send them to Texas, FL, GA.