Question

what is meant by a private, non - profit colleges \discount rate?\ a. the discount that federal work - study program students get at the college bookstore. b. the savings available by pre - paying the cost of room and board six months before each semester. c. the special interest rate available to newly admitted students on a colleges credit card. d. the difference between a colleges published tuition and average tuition paid by its students.

Explanation:

A private, non - profit college's discount rate is defined as the difference between the published tuition and the average tuition actually paid by students. This accounts for financial aid, scholarships, and other forms of assistance that reduce the amount students pay.

Answer:

D. The difference between a college's published tuition and average tuition paid by its students.