Financial Resources

 

To maximize resources, the U.S. Olympic Committee strategically allocates grants to give the greatest number of American athletes the opportunity to reach the podium using a results-driven resource-allocation process. In addition to grants and rewards, this includes athlete health insurance, sports medicine and science, coaching education programs, and Paralympic outreach and development. Resources are delivered either directly to the athlete or through their National Governing Body to maximize effectiveness, efficiency and economies of scale.


NGB Grants
Grants are awarded to National Governing Bodies and administered through Performance Partnership Agreements. The USOC allocates millions in grants to NGBs and High-Performance Management Organizations every year in support of sport programming.


Athlete Grants
In recognizing the ongoing needs of America’s elite athletes, the USOC offers a variety of resources that promote performance and personal development. National Governing Bodies designate their top athletes to be part of the USOC’s Athlete Performance Pool, which qualifies them to receive direct funding in the form of grants, medical benefits, Operation Gold payments and tuition assistance. 


Operation Gold

Operation Gold Awards are designed to reward athletes for top-place finishes in a sport’s most competitive senior international competition of the year (i.e. the Olympic and Paralympic Games in even-numbered years and typically world championship/world cup events in non-Games years). 

Beginning in 2017, the USOC increased Operation Gold payments for medal performances at the Olympic and Paralympic Games by 50 percent, increasing its overall quad budget by approximately $3.5 million. Additionally, Operation Gold payments for non-Games competitions increased by 25 percent. Combined, the enhanced funding to athletes resulted in a $4.8 million increase in the USOC’s quad budget.  

Olympic & Paralympic Games Operation Gold payments: 
Olympic Games: $37,500 (gold), $22,500 (silver), $15,000 (bronze)
Paralympic Games: $37,500 (gold), $22,500 (silver), $15,000 (bronze)


Medical Benefits
Eligible athletes receive Elite Athlete Health Insurance and access to top-tier medical institutions via the USOC’s National Medical Network, which are designed to provide access to medical care while minimizing out-of-pocket expenses.


Tuition Assistance
The USOC’s Athlete Career and Education program awards more than $200 thousand annually to Team USA athletes for education in the form of tuition grants. Tuition grants are intended to encourage athletes to further their formal education in preparation for lifelong career goals by defraying a portion of the athletes’ tuition costs. An athlete's performance standards, financial need and other scholarships are considered when determining a grant. Applications are available on the ACE platform for current and retired Olympic, Paralympic, Pan American, Parapan American and Games alumni athletes. For more information on how to apply, visit TeamUSA.org/ACE.