ScholarShare Investment Board

Fast Facts

ScholarShare at a Glance

Amount invested in ScholarShare 529 as of June 30, 2018 $8.59 billion
Number of open ScholarShare 529 accounts as of June 30, 2018 309,967
Total funds withdrawn from ScholarShare 529 accounts for qualified higher education expenses in 2017 $435.8 million
Number of portfolios offered by ScholarShare 529 ranging from conservative to aggressive 19
Minimum amount necessary to open a ScholarShare 529 account $25

 

Cost of Attending College

Overall total education loans outstanding, federal and private as of June 30, 2018 [1] $1.5 trillion
Average student loan debt in California in 2017 [2] $22,785
Tuition cost at a two-year California Community College for California residents (2018-2019) [3] $1,104
Total average educational costs at a four-year California State University (“CSU”) for California residents living on-campus (2018-2019) [4] $25,763
Total average educational costs at a four-year University of California (“UC”) for California residents living on-campus (2018-2019) [5] $35,300