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Friday, November 1, 2024

Ramsey County: $401,246 in athletically-related financial aid for college students in 2023

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Ramsey County's Lake Region State College invested $401,246 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 13.1% increase compared to the previous year, when the county invested $354,653 in college sports aid.

There were 39 male and 43 female student-athletes who competed for one or more sports teams representing Lake Region State College in 2023. Male students received 26.5% less financial aid on average than female students.

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 Ramsey County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$105,28467
2015$145,58357
2016$62,68772
2017$149,07374
2018$146,37070
2019$184,95281
2020$80,74285
2021$178,37184
2022$354,65387
2023$401,24682

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