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Saturday, September 7, 2024

Madison County awards $3,667,291 in athletically-related financial aid to students in 2023

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President Dan Mahony, PhD. | Southern Illinois University-Edwardsville

President Dan Mahony, PhD. | Southern Illinois University-Edwardsville

Madison County's two universities invested $3,667,291 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 4.4% increase compared to the previous year, when the county invested $3,513,171 in college sports aid.

There were 222 male and 188 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 17.4% less financial aid on average than female students.

Southern Illinois University-Edwardsville stood out as the university in Madison County which received most of the financial aid during 2023. The institution received $2,951,998, 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 Madison County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$2,843,713389
2015$2,889,528406
2016$3,017,044398
2017$2,991,210386
2018$2,941,249381
2019$3,239,140396
2020$3,379,363394
2021$3,747,936404
2022$3,513,171423
2023$3,667,291410

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