Question
Which formula is used to calculate the net price of a college?
A.
Sticker price + grants and scholarships = net price
B.
Sticker price + value = net price
C.
Sticker price – grants and scholarships = net price
D.
Sticker price - value = net price
A.
Sticker price + grants and scholarships = net price
B.
Sticker price + value = net price
C.
Sticker price – grants and scholarships = net price
D.
Sticker price - value = net price
Answers
GPT-4o mini
The correct formula used to calculate the net price of a college is:
**C. Sticker price - grants and scholarships = net price**
This means you take the total cost of attendance (sticker price) and subtract any financial aid received in the form of grants and scholarships to determine what a student actually has to pay (net price).
**C. Sticker price - grants and scholarships = net price**
This means you take the total cost of attendance (sticker price) and subtract any financial aid received in the form of grants and scholarships to determine what a student actually has to pay (net price).