🏫 College Advising

A student has a Cost of Attendance (COA) of $30,000 and a Student Aid Index (SAI) of $5,000. They have been awarded a Pell Grant of $4,000 and a subsidized federal loan of $3,500. What is their remaining "unmet need"?

A $17,500
B $21,000
C $25,000
D $30,000

✓ Correct Answer: Option A

Need is COA ($30,000) - SAI ($5,000) = $25,000. Total aid received is $4,000 (Pell) + $3,500 (Subsidized Loan) = $7,500. Unmet need is $25,000 - $7,500 = $17,500.

Related College Advising Questions