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Saturday, September 21, 2024

Lincoln Parish awards $9,160,043 in athletically-related financial aid to students in 2023

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Dr. Jim Henderson President | Louisiana Tech University

Dr. Jim Henderson President | Louisiana Tech University

Lincoln Parish's two universities invested $9,160,043 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 4.7% increase compared to the previous year, when the county invested $8,749,264 in college sports aid.

There were 438 male and 261 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 14.5% more financial aid on average than female students.

Louisiana Tech University stood out as the university in Lincoln Parish which received most of the financial aid during 2023. The institution received $5,862,066, or 64% 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 Lincoln Parish over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$5,847,222530
2015$6,904,823608
2016$8,326,803540
2017$8,744,634532
2018$7,986,349549
2019$8,203,774556
2020$9,110,602709
2021$8,541,366658
2022$8,749,264817
2023$9,160,043699

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