College campusWith twin sons on their way to college over a decade ago, my wife and I were facing the prospect of huge college debt.  Our daughter was already in college and we were stretched to the max.

If it weren’t for the scholarships our boys received, I think we’d still be paying off college debt.

You may be in a similar situation, so you know how important it is for you to pursue an athletic scholarship for your son or daughter.  In fact, your student-athlete doesn’t realize how important this is. 

However, I don’t think you should put undue pressure on your son or daughter.  Don’t make an athletic scholarship an ultimatum.  Yes, talk over the financial realities, and that these realities limit your school choices.  Here’s what I just read on the NCAA website:

More than 150,000 student-athletes receive $2.7 billion in athletic scholarships each year from NCAA member colleges and universities.

The average college student graduates with $35,200 in debt. Athletic scholarships offset these costs for student-athletes.

Athletes who do not receive athletic scholarships have a variety of other financial aid available to them, including academic scholarships and federal Pell Grants. Student-athletes’ earnings from part-time employment also are exempt from financial aid limits. Moreover, in the last decade NCAA schools have awarded more than $17 billion in athletic scholarships.

Set your sights high.  Pursue your dreams.  And be willing to work hard with your student-athlete to pursue the athletic scholarship together.  In addition, pursue some of the other scholarship and grant options.  Don’t put all your eggs in one basket.

If you’re wondering what your next move should be, please feel free to email me and tell me your story.  I will respond.

 


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