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Lake County Times

Wednesday, December 25, 2024

Lake County awards $4,115,050 in athletically-related financial aid to students in 2023

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Jennifer N. Schuller President of Lake Erie College | lec.edu

Jennifer N. Schuller President of Lake Erie College | lec.edu

Lake County's two universities invested $4,115,050 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 6% increase compared to the previous year, when the county invested $3,883,606 in college sports aid.

There were 412 male and 175 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 13.4% more financial aid on average than female students.

Lake Erie College stood out as the university in Lake County which received most of the financial aid during 2023. The institution received $3,985,151, or 96.8% 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$4,131,878564
2015$3,675,141535
2016$3,787,023547
2017$3,622,563512
2018$3,074,714487
2019$3,116,550485
2020$3,309,700533
2021$3,801,806510
2022$3,883,606577
2023$4,115,050587

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