ScholarShare Investment Board

Fast Facts

ScholarShare at a Glance

Amount invested in the ScholarShare College Savings Program as of June 30, 2017 $7.72 billion
Number of open ScholarShare college savings accounts as of June 30, 2017 291,268
Total funds withdrawn from ScholarShare accounts for qualified higher education expenses in 2016 $379.1 million
Number of portfolios offered by the ScholarShare College Savings Plan ranging from conservative to aggressive 19
Minimum amount necessary to open a ScholarShare account $25


Cost of Attending College

Overall total education loans outstanding, federal and private as of March 31, 2017 (1) $1.4 trillion
Average student loan debtii in 2015 $30,100
Cost of tuition at a two-year California Community College for California residentsiii $1,104
Total average educational costs at a four-year California State University (“CSU”) for California residents living on-campusiv $24,161
Total average educational costs at a four-year University of California (“UC”) for California residents living on-campusv $34,200