Athletic scholarships are a great way for college athletes to receive financial assistance for their studies. Every year, US colleges award over $4 billion in athletic scholarships to students who demonstrate excellence in their sport.
In 2019-20, the NCAA Division I colleges awarded $2.76 billion in athletic scholarships, while NCAA Division II colleges awarded $752 million and NCAA Division III colleges awarded $445 million. Additionally, NAIA colleges awarded $546 million in athletic scholarships.
The amount of money an individual student receives in an athletic scholarship depends on the college and the sport. Generally, NCAA Division I and II colleges offer full scholarships, while NCAA Division III colleges offer partial scholarships. NAIA colleges offer a variety of scholarships, ranging from full to partial.
When it comes to individual sports, the amount of money awarded can vary greatly. For example, a student-athlete playing football may receive a full scholarship, while a student-athlete playing a less popular sport may receive a partial scholarship.
The amount of money awarded to student-athletes can also vary depending on the college. Some colleges may offer more money than others, depending on the sport and the college’s budget.
In addition to the money awarded through athletic scholarships, student-athletes may also receive additional financial assistance from the college. This can include money for books, housing, and other expenses.
Overall, athletic scholarships are a great way for college athletes to receive financial assistance for their studies. US colleges awarded over $4 billion in athletic scholarships during 2019-20, and the amount of money awarded to individual student-athletes can vary greatly depending on the college and the sport.