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Madison Reporter

Thursday, November 21, 2024

Dane County awards $17,852,094 in athletically-related financial aid to students in 2023

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Jennifer Mnookin, Chancellor | University of Wisconsin-Madison

Jennifer Mnookin, Chancellor | University of Wisconsin-Madison

Dane County's three universities invested $17,852,094 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 1.2% decrease compared to the previous year, when the county invested $18,065,092 in college sports aid.

There were 668 male and 587 female student-athletes who competed for one or more sports teams representing the three colleges in the county in 2023. Male students received 7.4% more financial aid on average than female students.

University of Wisconsin-Madison stood out as the university in Dane County which received most of the financial aid during 2023. The institution received $17,805,994, or 99.7% 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 Dane County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$11,004,8501,166
2015$11,327,4391,104
2016$13,978,1221,134
2017$15,405,8031,096
2018$17,111,8611,122
2019$16,049,1601,058
2020$16,774,0271,136
2021$17,943,839972
2022$18,065,0921,214
2023$17,852,0941,255

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