Must-Know College Scholarship Statistics [Current Data]

Statistic 1

"Only 0.3% of students have a full-ride college scholarship, covering all expenses."

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Statistic 2

"Students at public colleges and universities receive an average of $5,208 in scholarships annually."

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Statistic 3

"About 60% of 2017 college graduates used scholarships and grant money to pay for their education."

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Statistic 4

"Private scholarships account for only 13% of all institutional aid awarded by colleges in 2017."

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Statistic 5

"The total amount of money awarded through scholarships and grants in the 2017-18 academic year was $122.7 billion."

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Statistic 6

"Each year, more than 1.5 million scholarships are awarded to students, totaling more than $3.5 billion."

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Statistic 7

"There are more than 5,000 scholarship programs available to high school seniors in the United States."

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Statistic 8

"Minority students receive approximately 40% of all scholarships."

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Statistic 9

"In 2017-18, the average scholarship or grant awards for undergraduate students was around $9,520."

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Statistic 10

"Students who attend private universities receive an average of $21,028 in scholarships annually."

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Statistic 11

"Over one-third of federal aid awarded to undergraduate students is in the form of Pell Grants."

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Statistic 12

"In 2017-2018, women received 62% of all scholarship grant dollars for undergraduate college students."

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Statistic 13

"In 2017, the average debt for college graduates was $28,650."

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Statistic 14

"58% of college freshmen received institutional scholarships or grants for the 2017-2018 academic year."

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Statistic 15

"In 2020, 65% of college graduates received scholarships or grants, with an average amount of $9,520."

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