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Friday, September 20, 2024

Woodford County awards $2,855,923 in athletically-related financial aid to students in 2023

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Dr. John P. Marsden President | Midway University

Dr. John P. Marsden President | Midway University

Woodford County's Midway University invested $2,855,923 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 0.8% increase compared to the previous year, when the county invested $2,833,199 in college sports aid.

There were 338 male and 253 female student-athletes who competed for one or more sports teams representing Midway University in 2023. Male students received 13.3% 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 Woodford County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$797,536143
2015$549,343112
2016$435,87592
2017$1,372,849269
2018$1,713,383344
2019$2,013,430429
2020$2,380,942496
2021$2,649,525549
2022$2,833,199593
2023$2,855,923591

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