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Lubbock Times

Monday, December 23, 2024

Lubbock County awards $10,897,903 in athletically-related financial aid to students in 2023

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Dr. Lawrence Schovanec, President | Texas Tech University

Dr. Lawrence Schovanec, President | Texas Tech University

Lubbock County's two universities invested $10,897,903 in athletically-related financial aid for college students in 2023, according to the U.S. Department of Education.

This is a 1.9% increase compared to the previous year, when the county invested $10,693,623 in college sports aid.

There were 317 male and 208 female student-athletes who competed for one or more sports teams representing the two colleges in the county in 2023. Male students received 18.1% more financial aid on average than female students.

Texas Tech University stood out as the university in Lubbock County which received most of the financial aid during 2023. The institution received $7,507,389, or 68.9% 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 Lubbock County over 10 Years
YearAthletically Related Student AidStudent-athletes Enrollment
2014$7,456,150614
2015$7,837,794626
2016$9,158,464625
2017$9,668,685624
2018$9,774,495676
2019$9,496,360738
2020$9,441,053685
2021$10,704,758722
2022$10,693,623749
2023$10,897,903525

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