Insights[]
UC Reduces Scholarships for Swimming[]
- Cincinnati, OH , April 8th, 2009
While not carrying the gravitas of a program elimination, University of Cincinnati announced that it will work towards eliminating scholarships in men's swimming and track, beginning in the fall of 2009. The announcement was made today by UC Director of Athletics Mike Thomas.
The change in funding will take place over the next four years, until all existing financial aid commitments are fulfilled to current UC student-athletes participating in these sports. All commitments to prospective student-athletes who have signed National Letters of Intent will also be honored.
As a result of these proactive moves, UC Athletics will save more than $400,000 annually once all aid is transitioned. The savings will assist the department to move towards a balanced budget.
"As the Director of Athletics it is my responsibility to the University to maintain a competitive program while being both fiscally responsible and proactive in strategizing for the long term success of Bearcats Athletics" said Thomas.
"This was a very difficult decision, but one we felt we had to make in this difficult economic climate. While scholarship funding will be eliminated for these sports, the teams themselves, and their complement of coaches, will continue at UC, leaving open the opportunity that at some point in the future, financial aid could return."