How much money does the average college student have in the bank?

Dude32 asked:

I was just wondering how much money does the average college student have in the bank. I have one friend who has $20.00 in the bank and another friend with close to $6,000.00 in the bank and i have like $150.00 in the bank, so I was just wondering what is the normal average amount of money college students usually have?

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This entry was posted by Bibokz on January 15, 2009 at 12:00 am, and is filed under Financial Aid. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site.

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Im in high school and have around 20,000 in accounts and trusts. Still not enough for college, and possibly medical school.
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There is no average because all college students have different experiences. Some college students work full time, some part time, others not at all. I have around $3000 and Im still a struggling college student.
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I have like $200 in the bank
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I suppose it depends on which school you’re going to. Most people at my school have had our parents save up about a hundred thousand, but it’s a private university that totals 160G over the four years, so it’s more about where you plan on going. I know some kids who went to the public university and they never saved a penny just got scholarships and grants.

How much money does the average college student have in the bank?

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