In academic year 2023/24, around 15.6 billion U.S. dollars were distributed through the Subsidized Stafford Loan Program in the United States. In that same year, about 43.78 billion U.S. dollars were distributed through Unsubsidized Stafford Loans.
Total amount of student aid distributed in the United States, by federal loan program from 2018/2019 to 2023/2024
(in 2023 million U.S. dollars)
Characteristic
2018/19
2019/20
2020/21
2021/22
2022/23
2023/24*
Subsidized Stafford
24,045
22,456
19,493
17,663
16,068
15,604
Unsubsidized Stafford
58,146
56,753
54,535
49,822
45,589
43,783
Parent PLUS
15,518
14,723
11,823
11,741
11,722
12,095
Grad PLUS
13,031
13,368
13,837
14,086
13,820
14,204
Add this content to your personal favorites. These can be accessed from the favorites menu in the main navigation.
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
US Department of Education. (October 22, 2024). Total amount of student aid distributed in the United States, by federal loan program from 2018/2019 to 2023/2024 (in 2023 million U.S. dollars) [Graph]. In Statista. Retrieved May 15, 2025, from https://www.statista.com/statistics/235642/student-loans-distributed-in-us-by-federal-program/
US Department of Education. "Total amount of student aid distributed in the United States, by federal loan program from 2018/2019 to 2023/2024 (in 2023 million U.S. dollars)." Chart. October 22, 2024. Statista. Accessed May 15, 2025. https://www.statista.com/statistics/235642/student-loans-distributed-in-us-by-federal-program/
US Department of Education. (2024). Total amount of student aid distributed in the United States, by federal loan program from 2018/2019 to 2023/2024 (in 2023 million U.S. dollars). Statista. Statista Inc.. Accessed: May 15, 2025. https://www.statista.com/statistics/235642/student-loans-distributed-in-us-by-federal-program/
US Department of Education. "Total Amount of Student Aid Distributed in The United States, by Federal Loan Program from 2018/2019 to 2023/2024 (in 2023 Million U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/235642/student-loans-distributed-in-us-by-federal-program/
US Department of Education, Total amount of student aid distributed in the United States, by federal loan program from 2018/2019 to 2023/2024 (in 2023 million U.S. dollars) Statista, https://www.statista.com/statistics/235642/student-loans-distributed-in-us-by-federal-program/ (last visited May 15, 2025)
Total amount of student aid distributed in the United States, by federal loan program from 2018/2019 to 2023/2024 (in 2023 million U.S. dollars) [Graph], US Department of Education, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/235642/student-loans-distributed-in-us-by-federal-program/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
