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Saturday, September 21, 2024

Palm Beach County awards $15,917,549 in athletically-related financial aid to students in 2023

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Dr. Stacy Volnick President | Florida Atlantic University

Dr. Stacy Volnick President | Florida Atlantic University

Palm Beach County's four universities invested $15,917,549 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 $14,732,311 in college sports aid.

There were 704 male and 588 female student-athletes who competed for one or more sports teams representing the four colleges in the county in 2023. Male students received 17.1% less financial aid on average than female students.

Florida Atlantic University stood out as the university in Palm Beach County which received most of the financial aid during 2023. The institution received $7,051,492, or 44.3% 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 Palm Beach County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$10,175,738891
2015$10,952,492931
2016$9,437,482992
2017$11,562,5201,058
2018$12,782,2351,135
2019$12,763,1231,152
2020$14,615,0211,203
2021$15,088,5831,227
2022$14,732,3111,285
2023$15,917,5491,292

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