In the 2023-2024 school year, families in the United States used around 7,585 U.S. dollars from grants and scholarships to students to pay for college. Additionally, parent income and savings contributed another 10,697 U.S. dollars to college costs.
Average amounts paid by the typical family for college in the United States, year-over-year, between 2011 and 2024, by contribution source
(in U.S. dollars)
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Average amounts paid by the typical family for college in the United States, year-over-year, between 2011 and 2024, by contribution source
Share this statistic
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
Sample size was 2,349 individuals per survey: 1,000 parents of 18 to 24-year-old undergraduate students, and 1,349 18 to 24-year-old undergraduate students.
Citation formats
Veera Korhonen
Research expert covering United States data for society
Learn more about how Statista can support your business.
Sallie Mae. (August 6, 2024). Average amounts paid by the typical family for college in the United States, year-over-year, between 2011 and 2024, by contribution source (in U.S. dollars) [Graph]. In Statista. Retrieved April 18, 2025, from https://www.statista.com/statistics/259202/average-amount-paid-for-college-year-over-year-between-2008-and-2012/
Sallie Mae. "Average amounts paid by the typical family for college in the United States, year-over-year, between 2011 and 2024, by contribution source (in U.S. dollars)." Chart. August 6, 2024. Statista. Accessed April 18, 2025. https://www.statista.com/statistics/259202/average-amount-paid-for-college-year-over-year-between-2008-and-2012/
Sallie Mae. (2024). Average amounts paid by the typical family for college in the United States, year-over-year, between 2011 and 2024, by contribution source (in U.S. dollars). Statista. Statista Inc.. Accessed: April 18, 2025. https://www.statista.com/statistics/259202/average-amount-paid-for-college-year-over-year-between-2008-and-2012/
Sallie Mae. "Average Amounts Paid by The Typical Family for College in The United States, Year-over-year, between 2011 and 2024, by Contribution Source (in U.S. Dollars)." Statista, Statista Inc., 6 Aug 2024, https://www.statista.com/statistics/259202/average-amount-paid-for-college-year-over-year-between-2008-and-2012/
Sallie Mae, Average amounts paid by the typical family for college in the United States, year-over-year, between 2011 and 2024, by contribution source (in U.S. dollars) Statista, https://www.statista.com/statistics/259202/average-amount-paid-for-college-year-over-year-between-2008-and-2012/ (last visited April 18, 2025)
Average amounts paid by the typical family for college in the United States, year-over-year, between 2011 and 2024, by contribution source (in U.S. dollars) [Graph], Sallie Mae, August 6, 2024. [Online]. Available: https://www.statista.com/statistics/259202/average-amount-paid-for-college-year-over-year-between-2008-and-2012/
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.
