Carol's University Puts a Cap of $10,000 on the Combined

Multiple Choice

Carol's university puts a cap of $10,000 on the combined aid and scholarship money a student can receive. As a freshman, Carol had received $7,500 in combined loans and scholarships. For her second year, Carol won a competitive $5,000 scholarship, and her previous aid package was reduced by $2,500. According to prospect theory what will Carol's strongest feeling be?

A) pride in winning the $5,000 scholarship
B) happiness about the added $2,500 in her aid package
C) sadness over losing $2,500 of her previous aid package
D) happiness over having scholarship and aid money