Nyenrode, the elite business university in a 13th century castle outside Amsterdam, is flaunting its wealth again with an event to attract MBA applicants. They pay for flights (if they think you are strong), as well as food and accommodation.
http://www.nyenrode.nl/Education/MBA/IMBA/experiencetheimba/Pages/MBA-Campus-Weekend.aspx

There's a video at http://www.youtube.com/watch?feature=player_embedded&v=kfKd5cF0ml4

Is this for real JK?

It would be a very elaborate joke if it was not real. But, in fact, it is a real offer by Nyenrode.