Alphonse is attending college next year. He received this offer from a university. His parents told him they would pay for his room and board if he lives at home instead of in the dorms. He would only need to pay $2,000 for his car and insurance if he lives at home.
Financial Analysis for University
Costs per Year
Financial Aid Package per Year
Tuition & Fees
Scholarships & Grants
$10,500
$4,000
Room & Board
Work-Study
$11,500
$2,000

Which statements about the offer are true? Check all that apply.