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Thursday, November 7, 2024

Los Angeles County awards $86,579,988 in athletically-related financial aid to students in 2023

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Carol Folt President | University of Southern California

Carol Folt President | University of Southern California

Los Angeles County's 41 universities invested $86,579,988 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 5.7% increase compared to the previous year, when the county invested $81,872,725 in college sports aid.

There were 7,654 male and 5,344 female student-athletes who competed for one or more sports teams representing the 41 colleges in the county in 2023. Male students received 36.7% less financial aid on average than female students.

University of Southern California stood out as the university in Los Angeles County which received most of the financial aid during 2023. The institution received $22,455,716, or 25.9% 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 Los Angeles County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$57,982,57712,585
2015$61,023,75212,513
2016$67,427,01312,633
2017$72,329,84912,611
2018$75,858,19412,875
2019$78,920,19212,642
2020$84,275,26613,148
2021$79,422,7734,693
2022$81,872,72512,752
2023$86,579,98812,998

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