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Thursday, November 7, 2024

College students in Craighead County received $5,450,974 in athletically-related financial aid in 2023

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Dr. Chuck Welch President | Arkansas State University

Dr. Chuck Welch President | Arkansas State University

Craighead County's Arkansas State University invested $5,450,974 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 $5,049,223 in college sports aid.

There were 237 male and 124 female student-athletes who competed for one or more sports teams representing Arkansas State University in 2023. Male students received 10.9% more financial aid on average than female students.

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 Craighead County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$4,159,967341
2015$4,385,306346
2016$5,415,333341
2017$5,545,641337
2018$5,433,709361
2019$5,364,235363
2020$5,562,175352
2021$5,133,175340
2022$5,049,223360
2023$5,450,974361

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