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Wednesday, October 16, 2024

College students in Panola County received $794,236 in athletically-related financial aid in 2023

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Dr. Gregory S. Powell, President | Panola College

Dr. Gregory S. Powell, President | Panola College

Panola County's Panola College invested $794,236 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 3.8% increase compared to the previous year, when the county invested $765,187 in college sports aid.

There were 60 male and 37 female student-athletes who competed for one or more sports teams representing Panola College in 2023. Male students received 21.5% 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 Panola County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$489,000120
2015$559,000100
2016$552,50098
2017$552,50098
2018$670,20898
2019$715,016101
2020$670,20899
2021$709,807113
2022$765,187104
2023$794,23697

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