Advice: Cheap Computer for back to school

need a little help from computer people... I am heading back to school and am in need of a cheap Laptop/tablet for mostly papers and internet... looking to spend $250 or less.

Have seen a couple options but not sure what to go with, I looked at Chromebooks, but want to be able to do full blown word and Powerpoint.

Right now I like two different windows computers.  The HP Stream 13 is $229 from the MS Store, which i like the idea and concept, not a huge fan of the color, but not sure on specs and power as I have falling back on keeping up with processors.

http://www.microsoft...uctID.309174500

The other option I am looking at is the Transformer t100 2 in 1 PC.  It really is a transfomer tablet running full Windows 8.1 with a keyboard, I can get it for $199, a little mad because for $229 you can get the keyboard that has a 500 HD built in... but not a huge deal, because it's sold out.

http://www.microsoft...uctID.309074700

So any advice, been watching videos on both and both seem pretty positive... I think I amy like the portibility of being able to use the Asus as just a tablet when needed, but not sure if the bigger screen/keyboard on the stream would be better?

Any systems or other PC options I am overlooking?

 

I've had a Transformer. It's a nice portable supplement to a larger laptop and/or desktop. But, for me, the 10" screen was too small for me to main it. I use a Yoga 13 daily and personally I think 13" is the sweet spot for portability and usability. I actually prefer 15"-17" screens for most work, but the bulk is a bit too much for my usage. For reference, I still tend to do the majority of my work (Word/Excel) on a desktop.