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Wednesday, December 25, 2024

Broome County awards $4,802,132 in athletically-related financial aid to students in 2023

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Harvey G. Stenger President | Binghamton University

Harvey G. Stenger President | Binghamton University

Broome County's two universities invested $4,802,132 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 3.5% increase compared to the previous year, when the county invested $4,638,017 in college sports aid.

There were 282 male and 268 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 19% less financial aid on average than female students.

Binghamton University stood out as the university in Broome County which received most of the financial aid during 2023. The institution received $4,802,132, or 100% 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 Broome County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$4,060,911608
2015$4,452,645614
2016$4,551,565613
2017$4,731,412611
2018$4,884,234565
2019$4,746,407518
2020$4,862,406501
2021$4,963,501479
2022$4,638,017544
2023$4,802,132550

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