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Nashville Standard

Wednesday, December 18, 2024

Davidson County awards $40,301,224 in athletically-related financial aid to students in 2023

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Daniel Diermeier Chancellor | Vanderbilt University

Daniel Diermeier Chancellor | Vanderbilt University

Davidson County's six universities invested $40,301,224 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 4.7% increase compared to the previous year, when the county invested $38,476,169 in college sports aid.

There were 812 male and 754 female student-athletes who competed for one or more sports teams representing the six colleges in the county in 2023. Male students received 4.4% more financial aid on average than female students.

Vanderbilt University stood out as the university in Davidson County which received most of the financial aid during 2023. The institution received $19,799,468, or 49.1% 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 Davidson County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$27,055,6721,367
2015$28,623,3961,331
2016$30,991,3381,371
2017$31,826,9831,374
2018$32,159,8031,348
2019$33,096,4661,411
2020$34,466,8971,429
2021$34,781,9771,399
2022$38,476,1691,505
2023$40,301,2241,566

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