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)
Year
Grants and scholarships
Relatives and friends
Student income and savings
Parent income and savings
Parent borrowing
Student borrowing
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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
College payment - average amount U.S. families paid, by contribution source 2011-2024
In the 2023-2024 school year, families in the United States used around U.S. dollars from grants and scholarships for students to pay for college. Additionally, parent income and savings contributed another * U.S. dollars to college costs.
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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 ÌÇÐÄÆÆ½â°æ. Retrieved July 21, 2026, from /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. ÌÇÐÄÆÆ½â°æ. Accessed July 21, 2026. /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). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 21, 2026. /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)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 6 Aug 2024, /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) ÌÇÐÄÆÆ½â°æ, /statistics/259202/average-amount-paid-for-college-year-over-year-between-2008-and-2012/ (last visited July 21, 2026)
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: /statistics/259202/average-amount-paid-for-college-year-over-year-between-2008-and-2012/