Step 1 :Categorize each item as either an expense or a source of funding. The expenses are Transportation, Personal expenses, Books and supplies, Housing and food, and Tuition and fees. The sources of funding are Scholarships, Family contribution, Grants, and Work-study (part-time job).
Step 2 :Calculate the total of his estimated expenses. The total expenses are \(2840 + 2600 + 2500 + 14300 + 12020 = \$34260\).
Step 3 :Calculate the total of his estimated funding. The total funding is \(10820 + 8100 + 9840 + 7700 = \$36460\).
Step 4 :Compare the total expenses and total funding to determine if Alan has enough money for his education. Since \(36460 > 34260\), Alan can expect to have enough money for his education.
Step 5 :Calculate the difference between the total funding and total expenses to determine how much more money Alan has than he needs. The difference is \(36460 - 34260 = \$2200\).
Step 6 :Final Answer: Alan can expect to have enough money for his education. He will have \(\boxed{2200}\) more than he needs.