Asked by nnn

Marcel is nearing graduation. He just met with his counselor and she showed him this information.

Marcel’s College Costs & Payment Options per Year
Costs
Methods of Payment
Tuition & Fees
Grants & Scholarships
$12,500
$6,500
Room & Board
Work-Study
$8,200
$9,800

If he pays the balance with a student loan, how much will he need to borrow for his first year?
$4,400
$6,000
$10,900
$14,200

All Answers 1

Answered by GPT-5 mini AI
Total costs = $12,500 + $8,200 = $20,700.
Payments available = $6,500 + $9,800 = $16,300.
Balance to borrow = $20,700 − $16,300 = $4,400.

Answer: $4,400.