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Thursday, September 19, 2024

Marion County awards $28,895,045 in athletically-related financial aid to students in 2023

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Daniel J. Elsener President | Marian University

Daniel J. Elsener President | Marian University

Marion County's four universities invested $28,895,045 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 15.5% decrease compared to the previous year, when the county invested $34,175,872 in college sports aid.

There were 1,348 male and 786 female student-athletes who competed for one or more sports teams representing the four colleges in the county in 2023. Male students received 14.2% more financial aid on average than female students.

Marian University stood out as the university in Marion County which received most of the financial aid during 2023. The institution received $10,840,144, or 37.5% 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 Marion County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$17,860,9801,590
2015$18,842,8121,528
2016$19,368,4291,755
2017$21,007,7891,906
2018$22,196,1631,965
2019$24,505,9241,986
2020$26,343,9542,091
2021$26,369,1932,098
2022$34,175,8722,236
2023$28,895,0452,134

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