Student Financial Aid Index

Knowing the importance of financial aid in helping students achieve their goals, Scholaroo sought to find out how much each of the 50 U.S. states spends on average per undergraduate student through assistance programs.

Student Financial Aid is a key factor in making college more accessible and affordable for post-secondary students. It helps them achieve their academic goals by alleviating the financial burden of tuition and other fees associated with attending college. Student Financial Aid also provides additional resources to help students manage their finances and stay on track for graduation. With the right support, post-secondary students can pursue their dreams and make the most of their college experience.

To better understand how Student Financial Aid is distributed across the United States, Scholaroo analyzed the average amount spent per undergraduate student by each state to determine financial aid allocations.

In the map below, you will be able to see the overall ranking and the average amount allocated per student in each state. Hover over the map and check it out!

Scholaroo’s data team has analyzed online searches related to Student Financial Aid over the past 5 years and found that searches for student financial aid have grown near the beginning of fall semesters, a period that coincides with the start of the academic year. A 40% increase can also be seen in 2022 when compared to the pre-pandemic period.