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Kokomo Standard

Wednesday, October 16, 2024

Grant County awards $7,071,689 in athletically-related financial aid to students in 2023

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Dr. Jon S. Kulaga President | Indiana Wesleyan University-Marion

Dr. Jon S. Kulaga President | Indiana Wesleyan University-Marion

Grant County's two universities invested $7,071,689 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 2.3% increase compared to the previous year, when the county invested $6,909,730 in college sports aid.

There were 510 male and 292 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 6.4% more financial aid on average than female students.

Indiana Wesleyan University-Marion stood out as the university in Grant County which received most of the financial aid during 2023. The institution received $4,094,566, or 57.9% 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 Grant County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$3,936,997602
2015$3,715,358587
2016$4,102,189623
2017$4,366,251637
2018$4,456,546730
2019$5,678,603858
2020$5,920,574892
2021$5,445,457867
2022$6,909,730912
2023$7,071,689802

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