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Asheville Reporter

Thursday, November 21, 2024

Buncombe County awards $9,740,026 in athletically-related financial aid to students in 2023

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Paul J. Maurer President | Montreat College

Paul J. Maurer President | Montreat College

Buncombe County's three universities invested $9,740,026 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 37.4% increase compared to the previous year, when the county invested $7,088,475 in college sports aid.

There were 488 male and 388 female student-athletes who competed for one or more sports teams representing the three colleges in the county in 2023. Male students received 0.8% more financial aid on average than female students.

Montreat College stood out as the university in Buncombe County which received most of the financial aid during 2023. The institution received $7,663,663, or 78.7% 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 Buncombe County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$2,506,045527
2015$2,597,656567
2016$3,362,050624
2017$4,766,601599
2018$5,932,727695
2019$7,272,399742
2020$8,544,676818
2021$7,427,381791
2022$7,088,475825
2023$9,740,026876

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