Cost of College

Front

What is tuition?

Back

Tuition is the fee that colleges and universities charge students for instruction and education.

Front

How much does Clay need to save each month to pay for his first year of college?

Back

Clay must save $162.50 per month for the next 4 years.

Front

What is a scholarship?

Back

A scholarship is a financial award given to a student to help pay for their education, often based on academic or other achievements.

Front

What is a grant?

Back

A grant is a sum of money given by an organization, especially a government, for a particular purpose, such as education, that does not need to be repaid.

Front

How much will Zyda's family contribute towards her college tuition?

Back

Zyda's family will contribute $1,900.

Front

What is the total cost of attending a state college for Zyda?

Back

The total cost is $11,456 after accounting for her scholarship and grant.

Front

What percentage of tuition will Alejandra's parents pay?

Back

Alejandra's parents will pay 85% of the tuition cost.

Front

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

Back

Alejandra should save $112.50 every month.

Front

What is a loan?

Back

A loan is a sum of money that is borrowed and is expected to be paid back with interest.

Front

What is the difference between a scholarship and a loan?

Back

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