Sep 27, 2023
Collegiate Athletic Scholarships
Receiving an athletic scholarship to compete at the college level is the ultimate goal for many student-athletes. However, there are plenty of misconceptions about how scholarship offers work—and how much aid student-athletes actually receive.
Every year, millions of parents pay to place their children in youth sports programs in hopes the child eventually will develop the skills needed to earn a coveted athletic scholarship that pays for college. College isn’t cheap, so understanding the details of this part of the process is important if you’re looking to lessen your college costs.
The NCAA has some sobering news for those parents: just over 1% of high school athletes (1.3%, according to statistics from the NCAA) receive full or partial athletic scholarships. And just as important, those scholarships are not guaranteed for four years.
However, if your child is among the elite in their chosen sport, there is an incredible of amount of financial aid available. Division I and Division II schools provided more than $3 billion in athletic scholarships in 2017 to just over 175,000 athletes. That averages out to $17,142 per athlete, but there are a couple of catches to that equation, the most obvious one being that not every athlete is going to get $17,142.
While most scholarship money comes from the college itself, there are some ways for student-athletes to receive funding from private sources. Many athletic departments have endowment scholarships set up by former athletes or alumni who support a specific sport or cause.
While scholarships are the traditional way for student athletes to off-set the cost of college, the emergence of Name, Image and Likeness (NIL) at the collegiate level, allows athletes to receive financial compensation for the use of an athlete’s name, image, and likeness through marketing and promotional endeavors. This can include autograph signings, product endorsements, social media posts, and more.
What do athletic scholarships cover?
Athletic scholarships cover a portion of the costs for tuition and fees, course-related books, room, board and, sometimes, living expenses. The amount covered is dependent on whether the offer is a full or partial scholarship.
Who gives out athletic scholarships?
Athletic scholarships are offered at the NCAA D1 and D2 levels, as well as at the NAIA and NJCAA levels—combined, that’s thousands of schools.
Do D2 schools give athletic scholarships?
Yes, D2 schools give athletic scholarships. Most scholarships at the D2 level are partial scholarships. Full scholarships at D2 school are rare, but still possible.
Are full ride scholarships for all 4 years?
No, full ride athletic scholarships are typically one-year agreements between the college and the athlete, although some are multi-year.