Congratulations! In addition to being admitted to the university, you’ve also been invited to their honors program! But what does that mean?

Most often, honors programs are highly selective and pull from the top echelon of admitted students. But programs vary from school to school. There are many things to consider when weighing the pros and cons of attending a college or university in their honors program. Here are just a few.

Class size. Honors sections of courses are almost always smaller than their traditional counterparts. And sometimes you get the best faculty too!

Course registration. Getting the classes you want can be a challenge at many colleges, particularly as an underclassman. Honors students often get priority registration and a first in line.

Housing. Some schools have a special Honors dorm.

Money. Often, merit money comes along with the designation, as well as other monetary perks such as research stipends, study abroad scholarships and other endowed awards.

Thesis. Writing an honors thesis is a common requirement for completion of the program. Some students, particularly those in engineering, business or in dual enrollment programs, opt out of honors because of the amount of time writing a thesis will take, especially if their major has separate requirements.

Advising. Honors advisors are in addition to your major advisor!

Diploma. The honors designation is on your diploma. That certainly stands out to employers and graduate programs!