Budget & College Tuition

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How much money will Alejandra be paying out of her own pocket?

What is the amount of money she should save every month in order to reach her goal?

Alejandra has been offered an athletic scholarship of $7,500 to attend The University of Texas. The university will grant her the same amount of money every year. The yearly tuition is $10,824 and a $1,000 fee to stay in the dorms. The cost for the meal plan is $1000. How much money does she need to save in 12 months if she wants to cover the cost of attending The University of Texas.

Which University is cheaper monthly?