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South Tidewater News

Wednesday, October 16, 2024

College students in Norfolk city received $14,455,378 in athletically-related financial aid in 2023

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Brian O. Hemphill, Ph.D., President | Old Dominion University

Brian O. Hemphill, Ph.D., President | Old Dominion University

Norfolk city's two universities invested $14,455,378 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 5.6% increase compared to the previous year, when the county invested $13,688,950 in college sports aid.

There were 536 male and 311 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 15.6% more financial aid on average than female students.

Old Dominion University stood out as the university in Norfolk city which received most of the financial aid during 2023. The institution received $10,347,298, or 71.6% 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 Norfolk city over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$11,882,704779
2015$12,527,423826
2016$12,422,547787
2017$13,081,074762
2018$14,363,078835
2019$13,790,130726
2020$13,617,103749
2021$13,060,385582
2022$13,688,950758
2023$14,455,378847

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