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Thursday, November 14, 2024

Monroe County awards $3,505,114 in athletically-related financial aid to students in 2023

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Dr. Rupert A. Hayles, Jr., President | Roberts Wesleyan College

Dr. Rupert A. Hayles, Jr., President | Roberts Wesleyan College

Monroe County's eight universities invested $3,505,114 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 72.5% increase compared to the previous year, when the county invested $2,031,701 in college sports aid.

There were 1,983 male and 1,512 female student-athletes who competed for one or more sports teams representing the eight colleges in the county in 2023. Male students received 6.7% more financial aid on average than female students.

Roberts Wesleyan College stood out as the university in Monroe County which received most of the financial aid during 2023. The institution received $1,572,208, or 44.9% of all the money invested in the county.

Male students who play basketball generally receive the most in financial aid, followed closely by football players. Female students playing ice hockey often receive the most in financial aid.

Only a small percentage of college expenses are typically covered by athletic scholarships, and only for a select few students.

A study found that 71% of student athletes participated in sports to earn a college scholarship.

Financial aid for College Sports in Monroe County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$1,619,5653,259
2015$1,677,6613,224
2016$1,712,7053,103
2017$1,559,7483,212
2018$1,793,5273,262
2019$2,128,2973,233
2020$2,201,6993,228
2021$2,023,5832,613
2022$2,031,7013,539
2023$3,505,1143,495

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