The professor doesn't offer help and I'm not getting any take aways from the book so I'm completely lost. I have no intention of submitting someone else work as my own I just need to know the steps to take to solve the problem. I need someone to teach me how to complete the problem.

Last year's freshman class at Big State University totaled 5,346 students. 01' those. 1,262 received a merit scholarship to help offset tuition costs their freshman year {although the amount varied per student]. The amount a student received was M$3.443. $450]. If the cost of full tuition was $4,200 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 IIlIlIhole percent.) Percentage of students %