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Sunday, December 22, 2024

College students in New York County received $3,211,841 in athletically-related financial aid in 2023

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Marvin Krislov, Turtle Mountain Community College President | Pace University

Marvin Krislov, Turtle Mountain Community College President | Pace University

New York County's 12 universities invested $3,211,841 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 27.6% decrease compared to the previous year, when the county invested $4,438,083 in college sports aid.

There were 1,647 male and 1,349 female student-athletes who competed for one or more sports teams representing the 12 colleges in the county in 2023. Male students received 4.2% more financial aid on average than female students.

Pace University stood out as the university in New York County which received most of the financial aid during 2023. The institution received $3,211,841, or 100% 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 New York County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$6,718,3572,978
2015$6,423,5853,206
2016$6,412,0713,227
2017$6,282,1573,265
2018$5,717,8053,233
2019$5,338,5653,250
2020$4,748,7993,069
2021$4,374,237806
2022$4,438,0833,155
2023$3,211,8412,996

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