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Saturday, September 21, 2024

Orleans Parish awards $32,633,751 in athletically-related financial aid to students in 2023

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President Michael A. Fitts | Tulane University of Louisiana

President Michael A. Fitts | Tulane University of Louisiana

Orleans Parish's seven universities invested $32,633,751 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 13.5% increase compared to the previous year, when the county invested $28,746,118 in college sports aid.

There were 683 male and 560 female student-athletes who competed for one or more sports teams representing the seven colleges in the county in 2023. Male students received 7.9% more financial aid on average than female students.

Tulane University of Louisiana stood out as the university in Orleans Parish which received most of the financial aid during 2023. The institution received $16,765,979, or 51.4% 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 Orleans Parish over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$18,039,183852
2015$20,103,249888
2016$19,557,186906
2017$21,310,748925
2018$20,536,487999
2019$21,762,1691,077
2020$23,136,5181,125
2021$25,823,3661,198
2022$28,746,1181,281
2023$32,633,7511,243

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