The data displays how the typical family paid for college for an academic year 2015-16, by % of total typical contribution made from each source. During this period, grants and scholarships made up 29% of the total cost of college attendance in the U.S., whereas contributions from relatives and friends made up only 5%.
Parent income & savings | 29 |
Grants & scholarships | 34 |
Student borrowing | 13 |
Student income & savings | 12 |
Parent borrowing | 7 |
Relatives & friends | 5 |