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Thursday, November 21, 2024

Rowan County awards $6,708,498 in athletically-related financial aid to students in 2023

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Dr. David P. Nelson President | Catawba College

Dr. David P. Nelson President | Catawba College

Rowan County's two universities invested $6,708,498 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 17.4% increase compared to the previous year, when the county invested $5,714,544 in college sports aid.

There were 500 male and 170 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 51% more financial aid on average than female students.

Catawba College stood out as the university in Rowan County which received most of the financial aid during 2023. The institution received $5,326,834, or 79.4% 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 Rowan County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$4,343,142558
2015$4,460,523557
2016$4,221,964574
2017$4,563,357597
2018$5,098,431621
2019$5,441,956679
2020$5,445,081666
2021$5,975,412531
2022$5,714,544778
2023$6,708,498670

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