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Image credit: The Olsen Twins: Debbie Vanstory/Abaca Press/Newscom

NYU, YOU? Mary-Kate and Ashley picked their college in a New York minute

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When you're busy running a billion-dollar business, it can be hard to find time to take the SATs. But Mary-Kate and Ashley Olsen somehow managed, and they're headed to New York University next year, People magazine reported. ''Like every other senior, they had been sweating out their acceptance, and they are absolutely thrilled,'' Olsen rep Michael Pagnotta told People. ''They have always taken academics very seriously. This is a major achievement for them.''

The twins, who had said they would only go to a college that accepted both of them, will attend the Gallatin School of Individualized Study, an NYU division that allows students to shape their own curriculums. No word on whether the pair will try dorm life or pledge a sorority -- but note that their next project, the movie ''New York Minute,'' has them running wild in Gotham. Gossip columns, get ready.