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Tuesday, November 5, 2024

College students in Champaign County received $13,868,086 in athletically-related financial aid in 2023

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Robert J. Jones Chancellor | University of Illinois Urbana-Champaign

Robert J. Jones Chancellor | University of Illinois Urbana-Champaign

Champaign County's two universities invested $13,868,086 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is an 8.3% increase compared to the previous year, when the county invested $12,810,426 in college sports aid.

There were 365 male and 283 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 2.8% more financial aid on average than female students.

University of Illinois Urbana-Champaign stood out as the university in Champaign County which received most of the financial aid during 2023. The institution received $13,412,751, or 96.7% 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 Champaign County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$11,185,015638
2015$11,530,988601
2016$12,551,809634
2017$12,885,625606
2018$13,092,800656
2019$13,590,838642
2020$13,436,838662
2021$11,971,757640
2022$12,810,426673
2023$13,868,086648

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