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Lake County Gazette

Tuesday, November 5, 2024

Lake County awards $278,550 in athletically-related financial aid to students in 2023

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Dr. Lori Suddick President | College of Lake County

Dr. Lori Suddick President | College of Lake County

Lake County's two universities invested $278,550 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 91.5% decrease compared to the previous year, when the county invested $3,289,893 in college sports aid.

There were 392 male and 247 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 28.9% more financial aid on average than female students.

College of Lake County stood out as the university in Lake County which received most of the financial aid during 2023. The institution received $278,550, or 100% of all the money invested in the county.

Male students who play basketball generally receive the most in financial aid, followed closely by football players. Female students playing ice hockey often receive the most in financial aid.

Only a small percentage of college expenses are typically covered by athletic scholarships, and only for a select few students.

A study found that 71% of student athletes participated in sports to earn a college scholarship.

Financial aid for College Sports in Lake County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$2,369,958720
2015$3,076,190793
2016$3,063,013769
2017$2,652,903701
2018$2,851,899731
2019$3,725,627803
2020$3,644,542771
2021$3,725,889706
2022$3,289,893812
2023$278,550639

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