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Tuesday, November 5, 2024

Travis County awards $18,284,466 in athletically-related financial aid to students in 2023

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Dr. Montserrat ‘Montse’ Fuentes President | Saint Edward\'s University

Dr. Montserrat ‘Montse’ Fuentes President | Saint Edward\'s University

Travis County's four universities invested $18,284,466 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is an 8% increase compared to the previous year, when the county invested $16,932,063 in college sports aid.

There were 638 male and 625 female student-athletes who competed for one or more sports teams representing the four colleges in the county in 2023. Male students received 15.4% more financial aid on average than female students.

The University of Texas at Austin stood out as the university in Travis County which received most of the financial aid during 2023. The institution received $14,443,213, or 79% 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 Travis County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$13,101,2741,209
2015$12,907,7921,200
2016$14,712,7411,287
2017$15,632,2001,355
2018$16,443,5161,312
2019$17,148,9271,255
2020$15,916,4711,261
2021$15,007,9911,037
2022$16,932,0631,242
2023$18,284,4661,263

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