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Baltimore City Wire

Thursday, November 21, 2024

Baltimore city awards $14,859,882 in athletically-related financial aid to students in 2023

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Terrence M. Sawyer, J.D. President | Loyola University Maryland

Terrence M. Sawyer, J.D. President | Loyola University Maryland

Baltimore city's six universities invested $14,859,882 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 1.1% increase compared to the previous year, when the county invested $14,698,053 in college sports aid.

There were 810 male and 663 female student-athletes who competed for one or more sports teams representing the six colleges in the county in 2023. Male students received 15.4% more financial aid on average than female students.

Loyola University Maryland stood out as the university in Baltimore city which received most of the financial aid during 2023. The institution received $6,220,312, or 41.9% 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 Baltimore city over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$11,797,2131,630
2015$11,646,7841,616
2016$12,312,0261,529
2017$13,654,7961,566
2018$14,188,4961,465
2019$14,282,4621,335
2020$13,589,8771,499
2021$13,572,5421,379
2022$14,698,0531,490
2023$14,859,8821,473

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