Undergraduate financial aid sources for higher education U.S. 2001-2022

Published by
Veera Korhonen,
Jul 5, 2024
In the academic year 2021/2022, loans constituted 29 percent of financial aid used by undergraduate students in the United States. A further 65 percent came from grants, and six percent came from other aid sources.

Distribution of undergraduate student aid sources for higher education in the United States from 2001/2002 to 2021/2022

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Source

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Release date

October 2022

Region

United States

Survey time period

2001/2002 to 2021/2022

Method of interview

Online survey

Supplementary notes

Nonfederal loans are included as an indication of the total amounts of education loans students and parents borrow.
“Other Aid” includes Federal Work-Study (FWS) and federal education tax credits and deductions.

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