WorksheetsPaying for College (8.12G)
Total questions: 10
Worksheet time: 50mins
Name
Class
Date
1.
Tuition for one year of college at a state
university is about $13,000. Clay will save money each month for the next four years. Clay’s parents will give him $5,200 for his first year of tuition. Which plan shows the minimum amount of money Clay must save to have enough to pay for his first
year of tuition?
university is about $13,000. Clay will save money each month for the next four years. Clay’s parents will give him $5,200 for his first year of tuition. Which plan shows the minimum amount of money Clay must save to have enough to pay for his first
year of tuition?
a)
Save $270.83 per month for the next 4 years
b)
Save $162.50 per month for the next 4 years
c)
Save $650.00 per month for the next 4 years
d)
Save $108.33 per month for the next 4 years
2.
Jordyn is getting a 2-year degree at a community college by taking 15 credit hours per semester. Which of the following is the best estimate of the total cost of Jordyn’s degree?
a)
$14,290
b)
$14,460
c)
$17,430
d)
$17,519
3.
Kaleb has $850 saved for college. He
expects the total cost of his first year to be
$8,990. He will receive grants and scholarships that total $1,445. Kaleb plans to save $210 every month. At this rate, how many months will Kaleb need to save until he has enough money to pay for the net price of his first year of college?
expects the total cost of his first year to be
$8,990. He will receive grants and scholarships that total $1,445. Kaleb plans to save $210 every month. At this rate, how many months will Kaleb need to save until he has enough money to pay for the net price of his first year of college?
a)
31 months
b)
32 months
c)
36 months
d)
46 months
4.
Rodney will attend a state university in 3 years. He expects the total annual cost to be $26,170, and he expects to receive a grant for $2,855 and a scholarship for $5,800. Rodney already has $2,480 saved for college. Which equation can Rodney use
to determine the amount, t, he should save each week in order to have enough money to pay for his first year of college?
to determine the amount, t, he should save each week in order to have enough money to pay for his first year of college?
a)
2,480 + 36t = 17,515
b)
2,480 + 36t = 34,825
c)
2,480 + 156t = 17,515
d)
2,480 + 156t = 34,825
5.
The table below shows the cost of attending a state college. Zyda will receive a scholarship for $2,008 and a grant for $3,500. Her family will contribute $1,900. Zyda plans to take out a loan for the remaining amount she must pay for her first year of college. Which of the following is closest to the amount of the loan?
a)
$6,461
b)
$11,456
c)
$13,919
d)
$18,914
6.
Each credit hour at a community college
costs $132. The college also charges a fee that totals $755 per year. Nathan plans to take 15 credit hours per semester for 2 years. He will live at home and spend $820 both years on books. Which of the following is closest to the total cost of his degree?
costs $132. The college also charges a fee that totals $755 per year. Nathan plans to take 15 credit hours per semester for 2 years. He will live at home and spend $820 both years on books. Which of the following is closest to the total cost of his degree?
a)
$11,070.20
b)
$11,112.80
c)
$11,424.40
d)
$11,555.60
7.
The table below shows the current expenses for attending a university. Which of the following is closest to the cost of attending
this university your first year of college?
this university your first year of college?
a)
$19,349.00
b)
$19,420.78
c)
$17,941.80
d)
$17,590.00
8.
The table below shows the cost for each
semester at a four-year university. What is the total estimated cost to attend this college
for four years?
semester at a four-year university. What is the total estimated cost to attend this college
for four years?
a)
$32,500
b)
$8,125
c)
$16,250
d)
$65,000
9.
Leslie’s parents have invested in a savings account that will have a future value of $20,000 when she graduates high school. Leslie has saved $3,800 from babysitting. She was also awarded a scholarship of $1,000 from a local bank for each year of college. The table below shows the estimated expenses for the college Leslie plans to attend. How much more will Leslie and her parents need in order for her to attend this college for four years?
a)
$19,000
b)
$50,700
c)
$48,200
d)
$76,000
10.
Brandon has already saved $1,220 for college. He expects the total cost of his first year to be $9,850, and expects to receive a scholarship for $2,120. How much money should Brandon save each week in order to have enough money in 2 years to pay for his first year of college?
a)
$62.60
b)
$74.33
c)
$103.37
d)
$271.25
100 %
