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Thursday, November 21, 2024

Florence County awards $1,912,873 in athletically-related financial aid to students in 2023

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Dr. Luther F. Carter President | Francis Marion University

Dr. Luther F. Carter President | Francis Marion University

Florence County's two universities invested $1,912,873 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 9.5% increase compared to the previous year, when the county invested $1,746,681 in college sports aid.

There were 215 male and 115 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 37.6% more financial aid on average than female students.

Francis Marion University stood out as the university in Florence County which received most of the financial aid during 2023. The institution received $1,832,873, or 95.8% 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 Florence County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$1,831,988242
2015$1,895,576242
2016$1,916,538270
2017$1,893,818263
2018$1,897,391281
2019$1,746,049325
2020$1,740,829310
2021$1,659,474306
2022$1,746,681314
2023$1,912,873330

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