Fast Facts
Fast Facts with ScholarShare 529
ScholarShare at a Glance |
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|---|---|
| Amount invested in ScholarShare 529 as of December 31, 2021 | $13.08 Billion |
| Number of open ScholarShare 529 accounts as of December 31, 2021 | 374,083 |
| Total funds withdrawn from ScholarShare 529 accounts for qualified higher education expenses in 2021 | $861.7 Million |
| Number of portfolios offered by ScholarShare 529 ranging from conservative to aggressive | 17 |
| Minimum amount necessary to open a ScholarShare 529 account | $1 |
Cost of Attending College |
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|---|---|
| Overall total education loans outstanding, federal and private as of December 31, 2021 (1) | $1.7 trillion |
| Average student loan debt in California in 2020 (2) | $21,125 |
| Tuition cost at a two-year California Community College for California residents (2021-2022) (3) | $1,104 |
| Total average educational costs at a four-year California State University (“CSU”) for California residents living on-campus (2021-2022) (4) | $26,145 |
| Total average educational costs at a four-year University of California (“UC”) for California residents living on-campus (2021-2022) (5) | $38,504 |
[1] Federal Reserve Bank of New York
[2] Institute for College Access and Success
[3] https://www.cccco.edu/Students/Pay-for-College
[4] https://www2.calstate.edu/attend/paying-for-college/Pages/campus-costs-of-attendance.aspx
[5] https://admission.universityofcalifornia.edu/tuition-financial-aid/tuition-cost-of-attendance/