If you're being hit up for the honors program, you'll probably have some decent scholarships. I don't know about your scholarship situation, but you're probably looking at a hefty out of state tuition if you don't have a full ride... keep in mind that, most of your scholarships will end after the end of the 4th year, and if you don't become a resident of the state, you'll still have that large out of state tuition. Losing scholarships was a shock to a few of my engineering friends who didn't think about that ahead of time. Most people take 5 years to get through the program. I escaped with 4 1/2 years with a math minor and 2 years of a running internship, but I didn't sleep a lot either and didn't drink at all for my first 3 years. I also had scholarships that covered my first 2 years almost completely, but the last few years were only partially covered, and my last 2 quarters were not covered at all because I fell past the 12 quarter mark (luckily i was prepared). Along with that, I did the honors program too, and to be honest, found that it did not benefit me at all except for the first year program and it got me earlier scheduling. You should check to see if there are any perks like that, and if there are, its totally worth it because its really easy to get your schedule screwed up and put you back a quarter because classes fill up quickly.