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4 February, 21:57

Annalise received financial aid offers from two universities.

Financial Analysis for Option A

Costs per Year

Financial Aid Package per Year

Tuition & Fees

Scholarships & Grants

$10,000

$7,000

Room & Board

Work-Study

$11,500

$4,000

Financial Analysis for Option B

Costs per Year

Financial Aid Package per Year

Tuition & Fees

Scholarships & Grants

$28.000

$18.000

Room & Board

Work-Study

$9.000

$4,000

Which statement about the costs per year is true?

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Answers (2)
  1. 4 February, 22:11
    0
    its B
  2. 4 February, 22:14
    0
    We can lay out the information in this way:

    University A Costs per Year

    Tuition & Fees $10,000

    Scholarship & Grants $7,000

    Room & Board $11,500

    Work-Study $4,000

    Total cost $18,500

    The total cost is all costs minus Scholarship & Grants.

    University B Costs per Year

    Tuition & Fees $28,000

    Scholarship & Grants $18,000

    Room & Board $9,000

    Work-study $4,000

    Total cost $23,000

    Same as above, scholarship & grants is substracted for the sum of the other costs

    With this information, we can safely say that the B option is more expensive. however, when choosing a college other considerations such as college, location, and professors should be considered as well.
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