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Friday, November 8, 2024

Minnehaha County awards $8,593,168 in athletically-related financial aid to students in 2023

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Stephanie Herseth Sandlin, President | Augustana University

Stephanie Herseth Sandlin, President | Augustana University

Minnehaha County's two universities invested $8,593,168 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 2.5% increase compared to the previous year, when the county invested $8,385,585 in college sports aid.

There were 503 male and 354 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 24.7% more financial aid on average than female students.

Augustana University stood out as the university in Minnehaha County which received most of the financial aid during 2023. The institution received $5,780,001, or 67.3% 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 Minnehaha County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$5,996,235829
2015$6,221,523754
2016$6,584,591733
2017$6,902,683805
2018$7,323,158824
2019$6,735,697823
2020$7,265,486836
2021$7,794,845854
2022$8,385,585865
2023$8,593,168857

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