Final answer:
To determine the total cost of attendance for one year, add up the annual tuition, fees, room and board, and cost of books and supplies, then subtract the annual scholarship and grants. The total cost of attendance for one year is $17,574.50.
Step-by-step explanation:
To determine the total cost of attendance for one year, you need to add up the annual tuition and fees, annual room and board, and annual cost of books and supplies, and then subtract the annual scholarship and grants.
Step 1: Add the annual tuition and fees ($18,760.00), annual room and board ($3,125.00), and annual cost of books and supplies ($1,515.00): $18,760.00 + $3,125.00 + $1,515.00
= $23,400.00.
Step 2: Calculate 30% of the annual tuition and books: 0.30 x ($18,760.00 + $1,515.00)
= $5,825.50.
Step 3: Subtract the scholarship and grants from the total cost of attendance: $23,400.00 - $5,825.50
= $17,574.50.
The total cost of attendance for one year is $17,574.50.