Work/Life Balance is great. I would typically work 40-50 hours a week. They are very flexible with hours. You can come in to the office any time between 6 a.m. and 10 a.m. as long as you work at least 8 hours every day. I usually arrived at 8:30 a.m.
It is definitely not hard to balance everything here at Honda. You do not bring homework so once it is time to go home; you are done for the day. In addition, I currently am taking 16 credit hours of online classes while doing this internship so it is possible to do both. Like I said before, I get off at 3:00 pm so the rest of the day you are free to do whatever you wish. You only get one day to use as a personal day so I would not plan on skipping but the pay is good so it is worth the 40-hour weeks.