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Friday, September 20, 2024

Santa Clara County awards $45,919,699 in athletically-related financial aid to students in 2023

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Richard Saller President | Stanford University

Richard Saller President | Stanford University

Santa Clara County's 10 universities invested $45,919,699 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 1% increase compared to the previous year, when the county invested $45,465,060 in college sports aid.

There were 1,492 male and 1,130 female student-athletes who competed for one or more sports teams representing the 10 colleges in the county in 2023. Male students received 26.9% less financial aid on average than female students.

Stanford University stood out as the university in Santa Clara County which received most of the financial aid during 2023. The institution received $28,950,174, or 63% 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 Santa Clara County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$31,197,6692,878
2015$32,172,6852,778
2016$36,218,3362,780
2017$38,169,6912,789
2018$39,358,8172,762
2019$40,490,0542,775
2020$39,683,5772,681
2021$42,500,7781,811
2022$45,465,0602,675
2023$45,919,6992,622

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