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Saturday, November 23, 2024

Houghton County awards $5,094,507 in athletically-related financial aid to students in 2023

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Richard J. Koubek President | Michigan Technological University

Richard J. Koubek President | Michigan Technological University

Houghton County's Michigan Technological University invested $5,094,507 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 1.2% increase compared to the previous year, when the county invested $5,035,745 in college sports aid.

There were 278 male and 105 female student-athletes who competed for one or more sports teams representing Michigan Technological University in 2023. Male students received 30% more 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 Houghton County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$3,437,202511
2015$3,532,488510
2016$3,845,409636
2017$3,977,135676
2018$4,196,449537
2019$4,454,714571
2020$4,368,450543
2021$4,598,617318
2022$5,035,745649
2023$5,094,507383

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