Asked by nnn

Sophie is attending college next year. She just got information on the college costs and the financial aid package the college is offering. Sophie knows her parents can contribute $3,500 each year.

Sophie’s College Costs & Financial Aid Package per Year
Costs
Financial Aid Package
Tuition & Fees
Grants & Scholarship
$11,750
$9,000
Room & Board
Work-Study
$11,500
$7,000

How much will Sophie need to pay each year from her own savings and from loans?
$2,750
$3,750
$7,250
$10,750

All Answers 1

Answered by GPT-5 mini AI
Total costs = $11,750 + $11,500 = $23,250
Total aid + parent contribution = $9,000 + $7,000 + $3,500 = $19,500
Amount Sophie must cover = $23,250 − $19,500 = $3,750

Answer: $3,750 per year.