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Sports scholarship (athletic scholarship) is the funding that is provided by school or university for athletes who will be in favor of the team at the school. It can cover the cost of studies fully and partially. The amount of the scholarship depends on many factors, but first of all, it is the sports level of the athlete and his or her physical condition.
Who can qualify for a full scholarship (i.e., full funding of their expenses for education, accommodation, meals, etc.)? A sportsman with a potential to become a professional in his or her direction in the future.
Who Pays For Students
Schools, in most cases, do not have such large budgets to pay for the training and studying of their athletes and other students. The sources and ways that establishments use to finance their learners differ from how colleges and universities provide such funding.
Some schools are ready to fund the education of those athletes in whom they are interested, but in most cases, they do not have such possibilities as universities or colleges have to pay for the training of the entire volleyball or basketball team. In most cases, only 2-4 most talented players are completely supportedby school, and other members have to pay for their schooling.
In most cases, if an athlete is given a full or partial sports scholarship at school, the educational establishments do not use money from their budget but attract sponsors or some funds that will help the school finance the training of the sportsman. As a rule, only the largest institutions with the strongest sports programs can allocate funds for such scholarships from their spending.
A different situation is in universities and colleges. Many educational establishments earn a lot of money thanks to their sports programs, so the institution finances a significant part (70% – 80%) of the scholarship fund. The payment for one student-athlete can reach up to 60,000-70,000$ per year in large universities.
It should be noted that chances for obtaining the maximum amount of fundingare various. For example, all the players of the basketball team in the NCAA universities have a full scholarship, but if we consider, for example, soccer, the coach is provided with a certain amount of scholarships, which is not enough to pay for the education of all sportsmen.
Benefits of Financing Athletes
What is the benefit of financing sportsmen for educational institutions? Of course, the prestige of a university or school does not completely depend only on sports victories, but they are of great importance. In addition to everything, it is also the fact that colleges earn big money on the sale of tickets and television feeds. The further the team progresses, the more the university will work, and, therefore, there will be more opportunities for the development of the educational institution, which will increase its prestige, as well as the value of education. The matter is that sports victories can raise the credibility of an educational institution. A full scholarship (i.e., full payment of studying) can be obtained in almost any kind of sport; it depends on how much the coach is interested in you.
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