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Tuesday, November 5, 2024

Ingham County awards $17,240,209 in athletically-related financial aid to students in 2023

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Interim President Teresa K. Woodruff, Ph.D. | Michigan State University

Interim President Teresa K. Woodruff, Ph.D. | Michigan State University

Ingham County's two universities invested $17,240,209 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 0.3% increase compared to the previous year, when the county invested $17,182,542 in college sports aid.

There were 422 male and 388 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 2.9% more financial aid on average than female students.

Michigan State University stood out as the university in Ingham County which received most of the financial aid during 2023. The institution received $16,855,910, or 97.8% 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 Ingham County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$12,572,951843
2015$12,753,318847
2016$14,800,392863
2017$15,139,682839
2018$16,178,999839
2019$17,089,167836
2020$17,109,940783
2021$16,733,610825
2022$17,182,542777
2023$17,240,209810

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