Cost of College

Front

What is a scholarship?

Back

Money given based on talents and grades.

Front

What percentage of tuition will Alejandra's parents pay for her college education?

Back

85% of the tuition cost.

Front

How much does Alejandra need to save each month to pay for her college tuition?

Back

$112.50 per month.

Front

What is the total cost per year for Logan to attend college?

Back

$41,250.

Front

What is a loan?

Back

Money borrowed which must be repaid, usually with interest.

Front

What is the average tuition cost for one year at a state university?

Back

About $13,000.

Front

How much will Clay's parents contribute to his first year of tuition?

Back

$5,200.

Front

If Clay saves $162.50 per month for 4 years, how much will he save in total?

Back

$7,800.

Front

What are the main components of college expenses?

Back

Tuition, Room & Board, Books & Supplies, Transportation.

Front

What is the difference between a scholarship and a loan?

Back

A scholarship is money that does not need to be repaid, while a loan must be repaid with interest.