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Louisville City Wire

Tuesday, November 5, 2024

Jefferson County awards $18,794,429 in athletically-related financial aid to students in 2023

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Dr. Kim Schatzel President | University of Louisville

Dr. Kim Schatzel President | University of Louisville

Jefferson County's four universities invested $18,794,429 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 1.6% increase compared to the previous year, when the county invested $18,506,252 in college sports aid.

There were 706 male and 597 female student-athletes who competed for one or more sports teams representing the four colleges in the county in 2023. Male students received 6.2% more financial aid on average than female students.

University of Louisville stood out as the university in Jefferson County which received most of the financial aid during 2023. The institution received $14,936,597, or 79.5% 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 Jefferson County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$12,573,9021,193
2015$12,634,0241,180
2016$14,373,7781,205
2017$15,192,8911,226
2018$17,112,8991,185
2019$16,878,9351,193
2020$16,886,6641,187
2021$17,870,5541,224
2022$18,506,2521,284
2023$18,794,4291,303

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