Question

which is true about sticker price and net price?1. sticker price is the net price minus scholarships & grants2. net price is the sticker price minus loans3. net price is the sticker price minus loans4. sticker price is the published cost of going to a school

Explanation:

• Sticker price refers to the official, published total cost of attending an institution (tuition, fees, room, board, etc.) before any financial aid.
• Net price is the sticker price minus grants and scholarships (money that does not need to be repaid); loans are not subtracted from sticker price to get net price, as loans are borrowed funds that must be repaid.
• The other options incorrectly reverse the relationship between sticker and net price, or misdefine how net price is calculated.

Answer:

D. Sticker Price is the published cost of going to a school