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Staten Island Reporter

Wednesday, October 16, 2024

Richmond County awards $12,415,387 in athletically-related financial aid to students in 2023

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Angelo Araimo, President | Wagner College

Angelo Araimo, President | Wagner College

Richmond County's two universities invested $12,415,387 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 2% increase compared to the previous year, when the county invested $12,174,901 in college sports aid.

There were 433 male and 308 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 16% more financial aid on average than female students.

Wagner College stood out as the university in Richmond County which received most of the financial aid during 2023. The institution received $11,832,958, or 95.3% 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 Richmond County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$6,719,805593
2015$7,062,641628
2016$7,115,199630
2017$7,843,927694
2018$8,607,306740
2019$8,867,921684
2020$9,868,614693
2021$11,133,018725
2022$12,174,901665
2023$12,415,387741

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