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Denver City Wire

Wednesday, October 16, 2024

Denver County awards $19,115,405 in athletically-related financial aid to students in 2023

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Dr. Jeremy Haefner Chancellor | University of Denver

Dr. Jeremy Haefner Chancellor | University of Denver

Denver County's three universities invested $19,115,405 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 6% increase compared to the previous year, when the county invested $18,037,680 in college sports aid.

There were 416 male and 418 female student-athletes who competed for one or more sports teams representing the three colleges in the county in 2023. Male students received 23.2% less financial aid on average than female students.

University of Denver stood out as the university in Denver County which received most of the financial aid during 2023. The institution received $13,917,416, or 72.8% 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 Denver County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$13,548,996745
2015$13,914,533760
2016$14,052,637764
2017$15,527,482776
2018$16,086,918770
2019$16,587,015797
2020$17,310,860799
2021$17,083,504791
2022$18,037,680819
2023$19,115,405834

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