Montgomery County awards $4,658,365 in athletically-related financial aid to students in 2023

Montgomery County awards ,658,365 in athletically-related financial aid to students in 2023
President Mike Licari President — Austin Peay State University
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Montgomery County’s Austin Peay State University invested $4,658,365 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 4.1% increase compared to the previous year, when the county invested $4,473,137 in college sports aid.

There were 192 male and 128 female student-athletes who competed for one or more sports teams representing Austin Peay State University in 2023. Male students received 7.9% more financial aid on average than female students.

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 Montgomery County over 10 Years
Year Athletically Related Student Aid Student-athletes Enrollment
2014 $4,162,688 289
2015 $4,228,626 287
2016 $4,459,846 305
2017 $4,850,333 292
2018 $5,184,247 322
2019 $5,022,780 324
2020 $4,361,895 322
2021 $4,377,018 311
2022 $4,473,137 324
2023 $4,658,365 320


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