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Sunday, December 22, 2024

Hillsborough County awards $14,815,262 in athletically-related financial aid to students in 2023

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Ronald L. Vaughn President | The University of Tampa

Ronald L. Vaughn President | The University of Tampa

Hillsborough County's four universities invested $14,815,262 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 $14,583,785 in college sports aid.

There were 650 male and 574 female student-athletes who competed for one or more sports teams representing the four colleges in the county in 2023. Male students received 6.1% more financial aid on average than female students.

University of South Florida stood out as the university in Hillsborough County which received most of the financial aid during 2023. The institution received $8,468,943, or 57.2% 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 Hillsborough County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$8,155,9651,139
2015$8,467,8781,080
2016$9,289,0901,107
2017$9,163,5721,187
2018$10,170,8161,085
2019$11,356,3981,098
2020$11,607,5271,103
2021$12,965,3621,148
2022$14,583,7851,168
2023$14,815,2621,224