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Thursday, November 21, 2024

Madison County awards $4,323,669 in athletically-related financial aid to students in 2023

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Samuel W. \"Dub\" Oliver President | Union University

Samuel W. \"Dub\" Oliver President | Union University

Madison County's three universities invested $4,323,669 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 1.3% increase compared to the previous year, when the county invested $4,266,267 in college sports aid.

There were 347 male and 214 female student-athletes who competed for one or more sports teams representing the three colleges in the county in 2023. Male students received 32.9% more financial aid on average than female students.

Union University stood out as the university in Madison County which received most of the financial aid during 2023. The institution received $3,015,231, or 69.7% 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 Madison County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$3,130,407393
2015$3,092,397463
2016$3,631,374418
2017$3,632,708389
2018$3,894,348419
2019$4,633,631457
2020$4,508,933487
2021$3,504,041294
2022$4,266,267481
2023$4,323,669561

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