If you want one device for your essays and reports, I would strongly recommend going with the T100 and not any Android tablets. There is no equivalent of Microsoft Office on Android, and I can tell you from my own experience, it is not practical to use Android for serious school work. You can rely on your tablet for note taking and writing the draft of your papers, but I wouldn't dare to use Android apps to create the final submissions. People can disagree with me if they have different use case, but for me I have had the following problems:
1. With Word documents, all the advanced formatting are gone, even simple things like bullet points and indentation are horribly wrong (I have tried all the free Office apps and none can reliably maintain the formatting). Forget about all the advanced stuff like footnotes, auto-created table of contents, page numbers and charts, math equations, etc... Admittedly, paid apps may do better, but I have no doubt that there is no worthy replacement of Microsoft Word if you want to create a presentable document.
2. Excel is unparalleled. If you need to use Excel for calculations, financial models and SUMIFS, MATCH, INDEX are your go-to functions, you will appreciate Excel and the power of Intel Core i7. If you want VBA and add-ins, even Windows RT doesn't support it, let alone Android. ARM processors are simply too slow to handle any serious Excel-like calculations.
3. Powerpoint: Same story, I need proper mouse support to create decent slides.
If anything, get an Ultrabook or any Windows hybrid for serious school work.