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Thursday, September 19, 2024

Essex County awards $14,607,020 in athletically-related financial aid to students in 2023

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President Christopher E. Hopey, Ph.D. | Merrimack College

President Christopher E. Hopey, Ph.D. | Merrimack College

Essex County's five universities invested $14,607,020 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 1.9% increase compared to the previous year, when the county invested $14,333,092 in college sports aid.

There were 1,166 male and 896 female student-athletes who competed for one or more sports teams representing the five colleges in the county in 2023. Male students received 13.3% more financial aid on average than female students.

Merrimack College stood out as the university in Essex County which received most of the financial aid during 2023. The institution received $14,607,020, 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 Essex County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$6,537,3661,582
2015$7,732,7341,696
2016$8,430,0211,757
2017$8,834,0271,697
2018$9,145,2831,683
2019$10,774,7701,817
2020$12,973,6201,844
2021$13,383,5941,413
2022$14,333,0921,962
2023$14,607,0202,062

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