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Knox Times

Friday, November 1, 2024

Knox County awards $19,923,608 in athletically-related financial aid to students in 2023

Knox County's two universities invested $19,923,608 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is an 11.9% increase compared to the previous year, when the county invested $17,811,918 in college sports aid.

There were 414 male and 384 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 3.1% more financial aid on average than female students.

The University of Tennessee-Knoxville stood out as the university in Knox County which received most of the financial aid during 2023. The institution received $19,281,580, or 96.8% 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 Knox County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$10,353,692606
2015$11,789,796661
2016$12,988,277642
2017$13,516,363646
2018$14,149,301653
2019$14,838,853694
2020$14,150,001729
2021$14,689,579732
2022$17,811,918738
2023$19,923,608798

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