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Friday, November 15, 2024

Fulton County awards $24,605,418 in athletically-related financial aid to students in 2023

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Ángel Cabrera, President | Georgia Institute of Technology-Main Campus

Ángel Cabrera, President | Georgia Institute of Technology-Main Campus

Fulton County's three universities invested $24,605,418 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 2.9% increase compared to the previous year, when the county invested $23,907,152 in college sports aid.

There were 589 male and 396 female student-athletes who competed for one or more sports teams representing the three colleges in the county in 2023. Male students received 15% more financial aid on average than female students.

Georgia Institute of Technology-Main Campus stood out as the university in Fulton County which received most of the financial aid during 2023. The institution received $13,993,569, or 56.9% 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 Fulton County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$15,817,1241,019
2015$16,157,8451,057
2016$17,571,549994
2017$18,471,6491,022
2018$20,631,5711,037
2019$12,982,999981
2020$21,643,077952
2021$20,723,2031,029
2022$23,907,152998
2023$24,605,418985

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