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Monday, November 4, 2024

College students in Wayne County received $4,228,003 in athletically-related financial aid in 2023

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Edward Croom, Ed.D., President | University of Mount Olive

Edward Croom, Ed.D., President | University of Mount Olive

Wayne County's University of Mount Olive invested $4,228,003 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 16.4% increase compared to the previous year, when the county invested $3,632,137 in college sports aid.

There were 83 male and 61 female student-athletes who competed for one or more sports teams representing University of Mount Olive in 2023. Male students received 29.4% less 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 Wayne County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$1,635,118367
2015$1,854,693405
2016$1,830,053407
2017$2,099,371393
2018$2,276,910375
2019$2,313,119342
2020$3,513,919451
2021$3,840,832484
2022$3,632,137119
2023$4,228,003144

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