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Friday, September 27, 2024

Richmond County awards $2,496,675 in athletically-related financial aid to students in 2023

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Brooks A Keel, PhD, President | Augusta University

Brooks A Keel, PhD, President | Augusta University

Richmond County's two universities invested $2,496,675 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 3.6% increase compared to the previous year, when the county invested $2,410,003 in college sports aid.

There were 151 male and 125 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 28.8% less financial aid on average than female students.

Augusta University stood out as the university in Richmond County which received most of the financial aid during 2023. The institution received $1,869,661, or 74.9% 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 Richmond County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$2,409,910286
2015$3,101,491357
2016$1,717,038295
2017$2,647,605278
2018$2,450,025278
2019$2,587,331279
2020$2,667,826316
2021$1,991,611181
2022$2,410,003232
2023$2,496,675276

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