Reference no: EM132845212

Last year's freshman class at Big State University totaled 5,330 students. Of those, 1,258 received a merit scholarship to help offset tuition costs their freshman year (although the amount varied per student). The amount a student received was N($3,464, $489). If the cost of full tuition was $4,450 last year, what percentage of students who received a merit scholarship did not receive enough to cover full tuition? (Round your answer to the nearest whole percent.)

Percentage of students