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Thursday, November 7, 2024

Silver Bow County: $1,053,142 in athletically-related financial aid for college students in 2023

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Dr. Les Cook Chancellor | Montana Technological University

Dr. Les Cook Chancellor | Montana Technological University

Silver Bow County's Montana Technological University invested $1,053,142 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 3.9% decrease compared to the previous year, when the county invested $1,096,286 in college sports aid.

There were 192 male and 71 female student-athletes who competed for one or more sports teams representing Montana Technological University in 2023. Male students received 17.7% 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 Silver Bow County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$855,570159
2015$804,221157
2016$926,148170
2017$987,964187
2018$939,738187
2019$982,175187
2020$1,019,124198
2021$1,055,67085
2022$1,096,286247
2023$1,053,142263

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