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Thursday, November 7, 2024

Fayette County awards $15,260,751 in athletically-related financial aid to students in 2023

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Dr. Eli Capilouto President | University Of Kentucky

Dr. Eli Capilouto President | University Of Kentucky

Fayette County's two universities invested $15,260,751 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 1.6% increase compared to the previous year, when the county invested $15,025,498 in college sports aid.

There were 524 male and 494 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 27.9% more financial aid on average than female students.

University of Kentucky stood out as the university in Fayette County which received most of the financial aid during 2023. The institution received $15,260,751, or 100% 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 Fayette County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$9,617,409813
2015$10,507,400832
2016$11,841,473813
2017$12,126,501845
2018$13,154,950805
2019$13,862,122826
2020$12,890,152854
2021$12,900,580839
2022$15,025,498989
2023$15,260,7511,018

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