Give the step-by-step reasoning process and then the final answer. Sabina is starting her first year of college that costs $30,000. She has saved $10,000 for her first year. She was awarded a grant that will cover 40% of the remainder of her tuition. How much will Sabina need to apply for to receive a loan that will cover her tuition?
The remainder of Sabina's tuition bill comes to $30,000 - $10,000 = $20,000. The grant will cover $20,000 * 0.40 = $8,000 of her tuition. That means that Sabina will need to apply for a loan of $20,000 - $8,000 = $12,000 to pay for the rest of her tuition.
The final answer: 12000.