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McLean County Times

Friday, November 22, 2024

McLean County awards $8,729,983 in athletically-related financial aid to students in 2023

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Dr. Aondover Tarhule Interim President | Illinois State University

Dr. Aondover Tarhule Interim President | Illinois State University

McLean County's three universities invested $8,729,983 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 3.9% increase compared to the previous year, when the county invested $8,401,774 in college sports aid.

There were 785 male and 464 female student-athletes who competed for one or more sports teams representing the three colleges in the county in 2023. Male students received 33.8% more financial aid on average than female students.

Illinois State University stood out as the university in McLean County which received most of the financial aid during 2023. The institution received $7,811,930, or 89.5% 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 McLean County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$5,928,0931,055
2015$6,214,8051,029
2016$6,301,7331,058
2017$6,709,3511,057
2018$7,099,8561,030
2019$7,363,5211,093
2020$6,990,1121,041
2021$8,362,6671,104
2022$8,401,7741,218
2023$8,729,9831,249

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