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Personal finance
Course: Personal finance > Unit 9
Lesson 3: Grants and scholarships- Information about athletic scholarships
- Types of grants and scholarships
- Searching for scholarships
- Student story: Searching for scholarships
- Student story: Applying for scholarships
- Student story: Relying on scholarships when facing immigration challenges
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Information about athletic scholarships
Kerry Traylor, Founder of College Strategy Experts, on how athletic scholarships are not as generous as one might think.
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Video transcript
- So I see a whole lot of
families who are hoping to pay for college with
an athletic scholarship. Being recruited to play college athletics is actually a whole
process that often starts as early as the ninth or 10th grade, and requires many steps
and a lot of research. And one thing to know that I
think a lot of families miss is that only NCAA
Division I and II schools give any athletic scholarships at all. Division III schools
are actually prohibited from giving out any athletic scholarships. So it really depends on
whether your student, you as a student or your parents, feel that you are able to play at the very highest elite
levels of college sports that are represented by Division
I and Division II schools. The other thing to know is that every year there are about 7.7 million
athletes across the country who are competing for only
138,000 athletic scholarships. So very, very few students actually ever receive an athletic
scholarship at all, regardless of how good an
athlete they are in their sport. The other thing to know is that if you exclude men's football
and men's basketball, the average athletic scholarship
is only about $8700 a year, which is far, far below the
average cost of attendance at pretty much any four
year college or university.