Annika is attending college next year. She just got information on the college costs and the financial aid package the college is offering. Annika knows her parents can contribute $7,500 each year. Annika's College Costs & Financial Aid Package per Year Costs Financial Aid Package Tuition & Fees Grants & Scholarship $21,500 $10,500 Room & Board Work-Study $13,500 $9,000 How much will Annika need to pay each year from her own savings and from loans? $8,000 $11,000 $15,500 $17,000
