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Thursday, November 7, 2024

Salt Lake County awards $16,141,279 in athletically-related financial aid to students in 2023

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Taylor R. Randall , President | University of Utah

Taylor R. Randall , President | University of Utah

Salt Lake County's three universities invested $16,141,279 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is an 11% increase compared to the previous year, when the county invested $14,544,475 in college sports aid.

There were 519 male and 383 female student-athletes who competed for one or more sports teams representing the three colleges in the county in 2023. Male students received 6.6% more financial aid on average than female students.

University of Utah stood out as the university in Salt Lake County which received most of the financial aid during 2023. The institution received $12,994,286, or 80.5% 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 Salt Lake County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$8,672,056686
2015$9,528,073689
2016$11,299,621744
2017$11,314,709839
2018$11,754,209842
2019$13,081,455903
2020$14,117,965886
2021$14,566,439934
2022$14,544,475824
2023$16,141,279902

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