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Huntsville Leader

Friday, November 15, 2024

Madison County awards $7,211,375 in athletically-related financial aid to students in 2023

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Dr. Charles L. Karr, President | University of Alabama in Huntsville

Dr. Charles L. Karr, President | University of Alabama in Huntsville

Madison County's three universities invested $7,211,375 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 15.4% increase compared to the previous year, when the county invested $6,248,474 in college sports aid.

There were 487 male and 357 female student-athletes who competed for one or more sports teams representing the three colleges in the county in 2023. Male students received 25.4% more financial aid on average than female students.

Alabama A & M University stood out as the university in Madison County which received most of the financial aid during 2023. The institution received $4,347,647, or 60.3% 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 Madison County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$5,777,481653
2015$6,181,949525
2016$6,273,054716
2017$6,518,170739
2018$6,574,876796
2019$6,446,494762
2020$7,345,770767
2021$6,744,769645
2022$6,248,474784
2023$7,211,375844

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