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)
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.
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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 December 22, 2024, 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 December 22, 2024. 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: December 22, 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, 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 December 22, 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], 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/
