Annalise received financial aid offers from two universities.

Financial Analysis for Option A

Costs per Year

Financial Aid Package per Year

Tuition & Fees

Scholarships & Grants

$10,000

$7,000

Room & Board

Work-Study

$11,500

$4,000

Financial Analysis for Option B

Costs per Year

Financial Aid Package per Year

Tuition & Fees

Scholarships & Grants

$28.000

$18.000

Room & Board

Work-Study

$9.000

$4,000

Which statement about the costs per year is true?

its B

We can lay out the information in this way:

University A Costs per Year

Tuition & Fees $10,000

Scholarship & Grants $7,000

Room & Board $11,500

Work-Study $4,000

Total cost $18,500

The total cost is all costs minus Scholarship & Grants.

University B Costs per Year

Tuition & Fees $28,000

Scholarship & Grants $18,000

Room & Board $9,000

Work-study $4,000

Total cost $23,000

Same as above, scholarship & grants is substracted for the sum of the other costs

With this information, we can safely say that the B option is more expensive. however, when choosing a college other considerations such as college, location, and professors should be considered as well.