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Saturday, September 21, 2024

Lake County awards $3,453,725 in athletically-related financial aid to students in 2023

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Dr. Amy Mccormack President | Calumet College of Saint Joseph

Dr. Amy Mccormack President | Calumet College of Saint Joseph

Lake County's three universities invested $3,453,725 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 13.6% increase compared to the previous year, when the county invested $3,041,048 in college sports aid.

There were 411 male and 261 female student-athletes who competed for one or more sports teams representing the three colleges in the county in 2023. Male students received 14.9% more financial aid on average than female students.

Calumet College of Saint Joseph stood out as the university in Lake County which received most of the financial aid during 2023. The institution received $2,180,304, or 63.1% 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$1,383,823485
2015$1,690,884505
2016$2,280,091455
2017$2,372,160484
2018$2,365,054488
2019$2,842,947449
2020$2,607,801563
2021$2,707,054571
2022$3,041,048593
2023$3,453,725672

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