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Bloomington Leader

Saturday, September 21, 2024

Monroe County awards $18,539,298 in athletically-related financial aid to students in 2023

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Monroe County's Indiana University-Bloomington invested $18,539,298 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 9.8% increase compared to the previous year, when the county invested $16,888,353 in college sports aid.

There were 373 male and 350 female student-athletes who competed for one or more sports teams representing Indiana University-Bloomington in 2023. Male students received 19.4% more financial aid on average than female students.

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 Monroe County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$12,815,572662
2015$13,727,990698
2016$14,767,203695
2017$15,526,886689
2018$15,556,861680
2019$15,931,323695
2020$16,602,015606
2021$16,989,881664
2022$16,888,353690
2023$18,539,298723

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