IOC announces new grant for all future Olympians
Summary
The International Olympic Committee (IOC) will give every athlete who competes in the Olympic Games a grant of $10,000 for each Games they join. This new money is to support athletes during their sports career or when they move on to a new career after competing.Key Facts
- Each future Olympian can apply for a $10,000 grant for each Olympic Games they compete in.
- The IOC has set aside $140 million for each Olympic Games to fund these grants.
- Athletes from the 2022 Winter Olympics are the first group who can apply.
- About 14,000 athletes per Games are expected to qualify for the grant.
- Athletes who break anti-doping rules or Olympic codes cannot get the grant.
- The money is given through National Olympic Committees and does not replace other support programs.
- This grant is not prize money for winning medals but recognizes the hard work and commitment to becoming an Olympian.
- The IOC plans to open applications for the 2026 Olympics at the end of 2024, with payments starting in 2027.
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