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Providence Reporter

Monday, October 7, 2024

Providence County awards $21,544,650 in athletically-related financial aid to students in 2023

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Father Kenneth R. Sicard, O.P. President | Providence College

Father Kenneth R. Sicard, O.P. President | Providence College

Providence County's five universities invested $21,544,650 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 0.4% increase compared to the previous year, when the county invested $21,467,047 in college sports aid.

There were 1,253 male and 1,209 female student-athletes who competed for one or more sports teams representing the five colleges in the county in 2023. Male students received 2.3% more financial aid on average than female students.

Providence College stood out as the university in Providence County which received most of the financial aid during 2023. The institution received $11,341,621, or 52.6% 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 Providence County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$13,902,8472,536
2015$15,065,3412,497
2016$16,008,7182,594
2017$17,121,8572,587
2018$18,034,2432,512
2019$18,825,8452,546
2020$18,595,3372,511
2021$19,558,4251,585
2022$21,467,0472,693
2023$21,544,6502,462

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