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Waco Reporter

Saturday, November 16, 2024

McLennan County awards $20,498,217 in athletically-related financial aid to students in 2023

McLennan County's two universities invested $20,498,217 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 1.9% increase compared to the previous year, when the county invested $20,118,801 in college sports aid.

There were 288 male and 336 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 31.2% more financial aid on average than female students.

Baylor University stood out as the university in McLennan County which received most of the financial aid during 2023. The institution received $19,753,513, or 96.4% 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 McLennan County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$14,428,759677
2015$15,213,576652
2016$16,441,877645
2017$16,407,625682
2018$17,494,591645
2019$18,368,028640
2020$18,554,976609
2021$20,901,234652
2022$20,118,801695
2023$20,498,217624

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