Alphonse is attending college next year. He received this offer from a university. His parents told him they would pay for his room and board if he lives at home instead of in the dorms. He would only need to pay $2,000 for his car and insurance if he lives at home.
Financial Analysis for University
Costs per Year
Financial Aid Package per Year
Tuition & Fees
Scholarships & Grants
$10,500
$4,000
Room & Board
Work-Study
$11,500
$2,000

Which statements about the offer are true? Check all that apply.
The total cost per year is $22,000 if he lives in the dorm.
He would save $9,500 per year if he lives at home.
He would save $11,500 per year if he lives at home.
He has $6,500 in expenses that are not covered by financial aid if he lives at home.
He has $4,500 in expenses that are not covered by financial aid if he lives at home.
He will need to repay the $24,000 in scholarships, grants, and work-study mo

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