The Cost of College HW 3 of 43 of 4 Items

Item 3
Jamal plans to attend a 4-year private university. He will receive $8,200 in scholarships and grants each year, and he will earn $1,900 each year through a work study program.

Including his financial aid, what is Jamal’s estimated cost per year? $

Jamal’s family will contribute $21,000 each year. How much will Jamal need to contribute? $

Jamal has one year to save enough for his first year’s contributions. Complete each statement to show how much Jamal will need to save each month based on his current savings.

If Jamal currently has $0 in savings, he will need to save $
each month.
If Jamal currently has $1,000 in savings, he will need to save $
each month.
If Jamal currently has $2,000 in savings, he will need to save $
each month.