College payment - average amount U.S. families paid, by contribution source 2011-2021

Published by Erin Duffin, Jul 28, 2021
In the 2020-2021 school year, families in the United States used around 6,610 U.S. dollars from grants and scholarships to students to pay for college. Additionally, parent income and savings contributed another 11,794 U.S. dollars to college.

Average amounts paid by the typical family for college in the United States, year-over-year, between 2011 and 2021, by contribution source (in U.S. dollars)

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Release date

July 2021

Region

United States

Survey time period

2011 to 2021

Number of respondents

2,000 per survey

Supplementary notes

Sample size was 2,000 individuals per survey: about 1,000 parents of 18 to 24-year-old undergraduate students, and about 1,000 18 to 24-year-old undergraduate students.

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