A Better Student Loan Experience. collegeavestudentloans.com

The College Ave Student Loans survey was conducted by Barnes & Noble College InsightsSM. The national online survey had 1,019 undergraduate student respondents who attend one of the 777 campuses served by Barnes & Noble College and was fielded in April 2019.

1 U.S. News & World Report - usnews.com/education/best-colleges/paying-for-college/articles/paying-for-college-infographic

2 Statista - https://www.statista.com/statistics/244041/most-expensive-colleges-in-the-us/

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23%$5k-$10k

11%$10k-$15k

22%$15k or more

13%Don’t remember

COLLEGE

31%Less than $5k

AMOUNT OF MERIT AID STUDENTS RECEIVED

Average Cost of College: Tuition & FeesFor a 4-Year Institution1

65% Scholarships

or Grants

25% Research or

Teaching Assistantships

23% Parents’

Savings/Income

45% Federal

Graduate Student Loans

62% Personal

Savings/Income

Costs Parents Help Their Students Cover

Graduate School

How Graduate Students Cover Their Costs

72% Pay Their Child’s

Phone Bill

65% Cover Health

Insurance Costs

39% Give A Monthly

Allowance of $100 or More

62% Cover the Total Cost of College

Parents are most likely to foot the phone bill.

Types of Aid Students Received

PUBLIC SCHOOL

(IN-STATE)

PRIVATE SCHOOL

PUBLIC SCHOOL

(OUT-OF-STATE)

Parents less likely to pay for graduate school as compared to undergrad.

$$$$

Family Savings

FAFSAlog in

$21,629 $9,716$35,676

77%of students surveyed received

SCHOLARSHIPS 59%

of students surveyed received

GRANTS

C O M P U T E R S C I E N C E

COMMUNICATIONS

BUSINESSEnglish Language & Literature

Coast-to-Coast: The 3 Most Expensive Schools in the U.S.²

Harvey Mudd College Claremont, CA

$75,003 annually

Columbia University New York City, NY

$74,001 annually

University of Chicago Chicago, IL

$74,580 annually

1.

2. 3.

More than half of students pay their own loans.

of students will pay back their loans on their own

of students expect their parents to help pay a portion of their loans

of students will split the bill with their parents

of students expect their parents to pay most or all of their loans

55%

33.5%

4%

7.5%

Based on merit (grades or athletic, artistic, or leadership skills.)

Based on financial need.

How Families Pay for College

How Students Finance Their Education

Most students use scholarships to pay for their education. And many students use a variety of loans, scholarships, savings, and grants to finance their education.

12% Private Student Loans

37% Student Income/Savings

43% Federal Student Loans

50% Parent Income/Savings

64% Scholarships & Grants

C O M P U T E R S C I E N C E

COMMUNICATIONS

BUSINESSEnglish Language & Literature

We surveyed students to find out how they're financing their education. From that group:

54% OF WHOM PLAN TO ATTEND IMMEDIATELY AFTER GRADUATION61%PLAN TO ATTEND

GRADUATE SCHOOL

Nearly one-quarter of students received $15k or more in merit aid.