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Friday, November 15, 2024

Cumberland County awards $1,250,419 in athletically-related financial aid to students in 2023

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Samantha McKenzie Holmes Vice Chancellor and Chief of Staff | Official Website

Samantha McKenzie Holmes Vice Chancellor and Chief of Staff | Official Website

Cumberland County's three universities invested $1,250,419 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 10.7% increase compared to the previous year, when the county invested $1,129,826 in college sports aid.

There were 592 male and 318 female student-athletes who competed for one or more sports teams representing the three colleges in the county in 2023. Male students received 32.6% more financial aid on average than female students.

Fayetteville State University stood out as the university in Cumberland County which received most of the financial aid during 2023. The institution received $1,150,319, or 92% 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 Cumberland County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$667,873701
2015$649,744701
2016$773,807712
2017$821,453748
2018$893,670719
2019$1,152,531744
2020$1,180,061789
2021$120,607559
2022$1,129,826844
2023$1,250,419910

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