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Charleston Reporter

Saturday, November 23, 2024

Charleston County awards $16,048,004 in athletically-related financial aid to students in 2023

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Keith Faulkner, JD, LLM, MBA President | Charleston Southern University

Keith Faulkner, JD, LLM, MBA President | Charleston Southern University

Charleston County's three universities invested $16,048,004 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 1.7% decrease compared to the previous year, when the county invested $16,323,056 in college sports aid.

There were 624 male and 417 female student-athletes who competed for one or more sports teams representing the three colleges in the county in 2023. Male students received 9.6% more financial aid on average than female students.

Charleston Southern University stood out as the university in Charleston County which received most of the financial aid during 2023. The institution received $5,806,746, or 36.2% 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 Charleston County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$14,409,9201,062
2015$14,725,0411,059
2016$15,271,9191,084
2017$15,646,5561,024
2018$15,755,7251,091
2019$15,834,8611,055
2020$17,324,3821,073
2021$15,775,2851,084
2022$16,323,0561,097
2023$16,048,0041,041

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