Attending Rose-Hulman: Should I Confirm Acceptance?

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In short: has anyone here attended RHIT?

Has anyone here heard of the Rose-Hulman Institute of Technology? I applied as a joke since it was apparently (according to friends and US News World Report, mind you) an uber-difficult engineering school. I got an acceptance letter today and just started cracking up, since I have modest stats compared to most applying to a school that apparently shares app's with MIT (31 ACT and 3.9 GPA + lot's o' EC's), so I didn't really expect to make the 3000 person class. But I did, and they're asking for a $250 deposit to 'confirm' my acceptance (which seems scam-ish, but I called the school and it isn't). So, should I go ahead and confirm the acceptance and see what scholarship/financial aid I get? I've pretty much got a full ride down at a big state school here (University of Kentucky, which I refused to name in a different post...but oh well), albeit I'm not sure where all the money will come from (all merit/some merit some financial aid, etc.)
 
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I got accepted and visited the college. It is small, the physics department seemed so-so, and was mainly interested in getting you hired as an engineer as soon as you graduated it seemed to me. Interesting area though, check it out if you are even modestly interested.
 
Honestly, I don't know why you would. Rose-Hulman is undergrads only, which means that you likely won't have the opportunity to do serious research and that getting into grad school will be difficult. You may not yet know whether you want to go to grad school or not, but why limit yourself at this point? I don't know, maybe I'm dead wrong and someone could enlighten us.
 
@ TARSIER

I actually heard the area around it is horribly boring. From the people I've talked to, it does seem like they emphasize the idea of getting a BS and entering the work force.

@ Manchot

Yes, I understand that it is not only undergrad only, but also has an issue with allowing the credits you already earned to transfer to a grad school. I'm pretty sure I want to go to grad school. This was a huge turn-away for me.

@ Dr Transport

I'm not interesting in OE. Thanks though.