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Thursday, November 21, 2024

Franklin County awards $569,797 in athletically-related financial aid to students in 2023

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Dr. Gary M. Brown President | Louisburg College

Dr. Gary M. Brown President | Louisburg College

Franklin County's Louisburg College invested $569,797 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 12.4% increase compared to the previous year, when the county invested $507,161 in college sports aid.

There were 213 male and 61 female student-athletes who competed for one or more sports teams representing Louisburg College in 2023. Male students received 69% more financial aid on average than female students.

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 Franklin County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$457,075276
2015$480,746293
2016$560,443269
2017$552,437295
2018$523,452300
2019$536,793301
2020$454,062277
2021$539,639245
2022$507,161324
2023$569,797274

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