Ellie is planning to attend Prairie View A&M University as an out-of-state nursing student. The tuition and fees for her to attend per year is $28,874, and her family will cover 60% of costs every year. Ellie is a finalist for a 10,000 scholarship that will be split evenly over 4 years. If Ellie wins the scholarship, how much will she need to save monthly for the next 1 1/2 years to pay for her first year of college.

To calculate how much Ellie will need to save monthly for her first year of college, we can follow these steps:

### Step 1: Calculate the total amount Ellie needs to pay for her first year.
The total tuition and fees per year is $28,874, and her family will cover 60% of this cost. Therefore, Ellie will be responsible for paying 40%.

\[
\text{Ellie's responsibility} = 28,874 \times 0.40 = 11,549.60
\]

### Step 2: Calculate the scholarship amount Ellie will receive for the first year.
The total scholarship is $10,000, which will be split evenly over 4 years.

\[
\text{Scholarship per year} = \frac{10,000}{4} = 2,500
\]

### Step 3: Subtract the scholarship amount from Ellie's responsibility.
This will give the amount Ellie needs to pay for her first year after the scholarship.

\[
\text{Amount Ellie needs} = 11,549.60 - 2,500 = 9,049.60
\]

### Step 4: Calculate the monthly savings needed.
Ellie plans to save for the next 1.5 years (18 months) to pay for her first year. So, we divide the amount she needs by the number of months.

\[
\text{Monthly savings} = \frac{9,049.60}{18} = 502.76
\]

Ellie will need to save **$502.76 per month** for the next 18 months to pay for her first year of college.

---

Would you like further details or explanations?

Here are five related questions:
1. How would the calculation change if the scholarship was for 3 years instead of 4?
2. What if Ellie's family could only cover 50% of the costs?
3. How much would she need to save if the savings period was only 1 year instead of 1.5 years?
4. What would her total responsibility be if she received no scholarship?
5. How would monthly savings change if tuition increased by 5% each year?

**Tip:** Planning long-term savings for college is easier when you break down costs into smaller, manageable amounts.

Ellie is planning to attend Prairie View A&M University as an out-of-state nursing student. The tuition and fees for her to attend per year is $28,874, and her family will cover 60% of costs every year. Ellie is a finalist for a $10,000 scholarship that will be split evenly over 4 years. If Ellie wins the scholarship, how much will she need to save monthly for the next 1 1/2 years to pay for her first year of college?

Find out how much Ellie, an out-of-state nursing student, needs to save monthly for her first year at Prairie View A&M University. This problem explores key concepts such as percentages, scholarship allocation, and long-term savings. Perfect for high school students planning for college finances.

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