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East Montgomery Times

Wednesday, December 18, 2024

Montgomery County awards $2,390,762 in athletically-related financial aid to students in 2023

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Jon Jay DeTemple, Ph.D., MBA, President | Harcum College

Jon Jay DeTemple, Ph.D., MBA, President | Harcum College

Montgomery County's nine universities invested $2,390,762 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 17.2% increase compared to the previous year, when the county invested $2,040,398 in college sports aid.

There were 1,328 male and 972 female student-athletes who competed for one or more sports teams representing the nine colleges in the county in 2023. Male students received 17.5% more financial aid on average than female students.

Harcum College stood out as the university in Montgomery County which received most of the financial aid during 2023. The institution received $2,315,762, or 96.9% 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 Montgomery County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$1,236,5031,795
2015$1,730,1151,784
2016$1,539,7001,759
2017$1,653,1891,762
2018$1,811,9431,874
2019$1,676,7101,874
2020$1,796,0821,990
2021$1,541,8611,101
2022$2,040,3981,945
2023$2,390,7622,300

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