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3 February, 13:24

The average cost of one year at a private college in 2012-2013 is $43,289.

The average grant aid received by a student at a private college in 2012-2013 is $15,680. What is the average student contribution for one year at a private college in 2012-2013?

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  1. 3 February, 13:44
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    Answer : The average student contribution for one year at a private college in 2012-2013 is, $27,609

    Explanation : Given,

    The average cost of one year at a private college in 2012-2013 = $43,289

    The average grant aid received by a student at a private college in 2012-2013 = $15,680

    Now we have to determine the average student contribution for one year at a private college in 2012-2013.

    The average student contribution for one year at a private college in 2012-2013 = Average cost of one year at a private college - Average grant aid received by a student at a private college

    The average student contribution for one year at a private college in 2012-2013 = $43,289 - $15,680

    The average student contribution for one year at a private college in 2012-2013 = $27,609

    Thus, the average student contribution for one year at a private college in 2012-2013 is, $27,609
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