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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.
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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
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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 November 30, 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 November 30, 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: November 30, 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 November 30, 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/
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