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Scholarship did not receive enough to cover full tuition

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Last year's freshman class at Big State University totaled 5305 students. Of those, 1258 received a merit scholarship to help offset tuition cost their freshman year(although amount varied per student). The amount a student received was N($3456,$478). If the cost of full tuition was $4250 last year, what percentage of students who received a merit scholarship did not receive enough to cover full tuition?

Reference no: EM132463803

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