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Saturday, September 21, 2024

College students in Franklin County received $1,353,036 in athletically-related financial aid in 2023

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Dr. Koffi C. Akakpo, President | Kentucky State University

Dr. Koffi C. Akakpo, President | Kentucky State University

Franklin County's Kentucky State University invested $1,353,036 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 13.9% increase compared to the previous year, when the county invested $1,187,765 in college sports aid.

There were 196 male and 59 female student-athletes who competed for one or more sports teams representing Kentucky State University in 2023. Male students received 38.9% 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 Franklin County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$1,115,663227
2015$1,192,473236
2016$964,016195
2017$1,027,589204
2018$1,201,705139
2019$1,167,525242
2020$1,387,888251
2021$1,195,883219
2022$1,187,765275
2023$1,353,036255

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