After four years of higher education, Carlos just graduated with a Bachelor's degree in Astronomy from UCLA where the annual cost of tuition was $16,000. He paid for college by earning $10,000 annually through the work study program and receiving an annual scholarship. He covered the remainder of the costs by taking out $12,000 in student loans. If he didn't fund his education with savings or grant money, what was the amount of Carlos's annual academic scholarship?