The United States Olympic Committee, in partnership with the U.S. Olympic and Paralympic Foundation, announced this week that the Athlete Career and Education Program will disburse more than $240,000 in higher education tuition grants during the spring term. 

The amount of grants marks a 75 percent increase from the previous distribution period. The grants are disbursed biannually, for application toward tuition at accredited institutions within 18 months of disbursement. 

In total, 95 athletes were awarded tuition assistance through ACE, including $81,315 earmarked for active U.S. Olympians and Paralympians, $63,530 for other current Team USA athletes and $96,050 to retired Olympians and Paralympians. 

“We are proud and honored to be able to support the higher education aspirations of our Olympians, Paralympians and hopefuls,” Leslie Klein, director of ACE, told TeamUSA.org. “The tuition grants program is one of the many important ways we aim to support Team USA athletes in their pursuit of excellence on and off the field of play."

The grants are in addition to the support provided by USOC’s partner DeVry University, which awarded $1.5 million in full-tuition scholarships to athletes and celebrated its 100th Team USA graduate in 2018.

Andy Berg is Executive Editor of Athletic Business.