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Wednesday, October 16, 2024

Prince Edward County awards $4,797,787 in athletically-related financial aid to students in 2023

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W. Taylor Reveley IV, President | Longwood University

W. Taylor Reveley IV, President | Longwood University

Prince Edward County's two universities invested $4,797,787 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 34% increase compared to the previous year, when the county invested $3,581,394 in college sports aid.

There were 457 male and 139 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 78.1% less financial aid on average than female students.

Longwood University stood out as the university in Prince Edward County which received most of the financial aid during 2023. The institution received $4,729,748, or 98.6% 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 Prince Edward County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$2,338,957531
2015$2,686,426537
2016$3,165,630522
2017$3,363,934517
2018$3,276,780554
2019$3,587,381555
2020$3,811,415529
2021$3,460,517523
2022$3,581,394574
2023$4,797,787596

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