Facts & Figures

Global Rankings


Times Higher Education 2025 Impact Rankings

Lakehead Ranks Among Top Universities in the World for Societal Impact

Lakehead is among the top 100 universities globally making an impact through its commitment to sustainability and positive societal change according to the Times Higher Education (THE) 2025 Impact Rankings.

Lakehead is once again ranked the #1 University in Canada and North America with under 10,000 students for societal impact.

The Times Higher Education (THE) Impact Rankings assess a university’s success in delivering on the United Nations’ 17 Sustainable Development Goals (SDGs) across the areas of research, stewardship, outreach, and teaching using a range of quantitative and qualitative measures.

For the sixth year in a row, Lakehead remains in the top 10% of global universities for social impact. The university ranked 90th overall among 2,318 participating institutions worldwide.

Of the 2,318 post-secondary institutions evaluated, THE ranked also Lakehead as a world leader in these SDGs:

23rd in the world and 2nd in Canada for SDG1: No Poverty. Lakehead University’s campuses are located in regions where the median income is below the provincial and national average. As one of the largest employers, post-secondary institutions and economic hubs in Northwestern Ontario and Simcoe County, Lakehead has a direct impact on the economic and social resilience in the regions it serves. This ranking also reflects the many initiatives Lakehead offers to support students who face barriers to accessing university education, including financial barriers, as well as the innovative research being done by faculty related to poverty in rural and remote communities in northwestern Ontario.

26th in the world and 5th in Canada for SDG14: Life Below Water. Healthy lakes, rivers and oceans are essential to human existence and Lakehead is a world leader in conservation and sustainable use of fresh-water ecosystems. Through strategic partnerships, Lakehead is leveraging collective expertise to drive innovation and impact marine conservation initiatives to foster environmental stewardship. Lakehead supports healthy aquatic ecosystems through community outreach programs, research initiatives, and degree programs such as undergraduate studies in water resource science.

The Impact Rankings also placed Lakehead University:

Times Higher Education World University Rankings

For the seventh year in a row, Lakehead was ranked among the world’s top universities in the Times Higher Education (THE) World University Rankings.

  • Lakehead continues to be recognized in the top 50% of universities globally
  • Lakehead was one of 5 Canadian primarily undergraduate universities that participated in the rankings
  • Lakehead ranked 2nd among Canadian primarily undergraduate universities and 2nd among Ontario primarily undergraduate universities

Transforming Communities


In 2024-25, Lakehead University’s total impact on Ontario’s GDP was $4.73 billion

  • Lakehead contributed $2.7 billion annually to the economy of Northwestern Ontario
  • Lakehead contributed $2.2 billion annually to the economy of the City of Thunder Bay
  • Lakehead contributed $355 million annually to the economy of the City of Orillia

Over the past five years, 2,649 international students graduated from Lakehead, with 25% continuing to live and work in Ontario, including 15% in Northwestern Ontario.

Financials


Statement of Financial Position
April 3020252024
 (in thousands of dollars)
Assets
Current
  
    Cash$59,005$36,845
    Accounts receivable 18,784
19,886
    Inventories and prepaid expenses788787
 78,54157,498
   
Long-term investments 141,006132,066
Capital assets 130,882135,738
 Interest Rate Swaps -564
 $350,429$325,866 
   
Liabilities and Net Assets  
Liabilities
Current
  
    Accounts payable and accrued liabilities $19,880$20,876
    Deferred revenue 47,89645,106
    Current portion of long-term debt 3,3993,230
 71,17569,212
   
Faculty early retirement program costs 285530
Accrued pension liability 8,2739,829
Long-term debt 93,95697,355
Interest rate swaps 1,385-
Deferred capital contributions 54,71445,002
 229,788221,928
   
Net Assets  
    Internally restricted 66,44253,182
    Endowments 62,39358,650
    Unrestricted(8,194)(7,894)
 120,641103,938
 $350,429$325,866
Statement of Operations
For the year ended April 30
20252024
  (in thousands of dollars) 
Revenue
  
    Government grants for general operations$69,512$60,968
    Government and other grants for restricted purposes30,47727,933
    Student fees102,40699,050
    Sales of goods and services20,19019,479
    Investment income14,56411,826
    Donations8641,251
    Contract research6871,105
    Sundry 5,362  5,300
    Amortization of deferred capital contributions 1,923 1,941
 245,985228,853
   
Expenditures  
    Salaries and benefits148,211141,865
    Operational supplies and expenses11,92511,202
    Cost of sales and services6,0775,348
    Amortization of capital assets8,1458,048
    Amortization of debenture issuance costs117117
    Building and equipment maintenance15,54113,958
    Scholarships, bursaries and awards15,15115,500
    Utilities5,6205,758
    Travel4,8794,258
    Other9,8399,949
    Interest on long term debt5,0205,285
 230,525221,288
   
Excess of revenue over expenditures before the undernoted15,4607,565
Unrealized gain/(loss) on interest rate swaps(1,949)1,599
Excess of revenue over expenditures for the year $13,511 $9,164

 

Revenue Pie Chart Expenses Piechart

Student Stats


In 2024-25, Lakehead had the ninth highest 7-year graduation rate among Ontario universities and the second highest 7-year graduation rate among Ontario’s primarily undergraduate universities.

52% first-generation students
(neither parent has a degree)

54% of domestic undergraduate students
are from rural/northern communities

13% of domestic students
identify as Indigenous

47% of full-time undergraduate students 
on the Thunder Bay campus are from Northwestern Ontario

48% of full-time undergraduate students 
on the Orillia campus are from Simcoe County

2,346 international students from 96 unique countries studied at Lakehead in 2024-25 (includes English Language Program and Exchange Students) 

96% of Lakehead senior-year students
have been engaged in a course with applied research

100% of senior-year students participated in experiential learning
(such as community-based learning or co-op)

41% of domestic undergraduate students
receive OSAP based on student need

4% of domestic students with potential
are admitted with lower entering averages

9% of domestic students were 
enrolled in Lakehead’s unique access programs in 2024-25

Entry programs help students raise their academic average so that they can enter Lakehead degree programs. These include Gateway, the Indigenous Nurses Entry Program, and the Indigenous Transition Year Program.

Student Enrolment by campus

Student Enrolment by faculty

 

2026 Maclean’s University Rankings


The university continues to be recognized for its exceptional education, research excellence, and outstanding student outcomes in the annual Maclean’s magazine rankings.

As Lakehead marks its 60th anniversary, students continue to benefit from hands-on learning and collaborative research experiences that contribute to strong retention, high graduation rates, and employment outcomes that exceed the provincial average.

Lakehead is ranked the #1 primarily undergraduate university in Ontario
(tied with Trent University)

Among Ontario primarily undergraduate universities, Lakehead ranked:

  • 1st in Student Awards 
  • 1st for Student-to-Faculty Ratio
  • 2nd in Scholarships and Bursaries
  • 3rd in total research dollars

Lakehead is also ranked 6th nationally among Canada’s 20 primarily undergraduate universities.

Career Path


An emphasis on experiential learning and research gives Lakehead students the skills and preparation they need for a competitive job market.

A Lakehead alum’s annual salary two years after graduating is $63,000.

93% employment rate
six months after graduation 

96% employment rate
two years after graduation

88% of Lakehead grads
are working in jobs related to their undergraduate degree 

93% of Lakehead grads are
doing work using skills developed through their undergraduate education

 

Research Excellence


2025 Research Infosource Rankings

Lakehead once again excelled in Research Infosource’s ranking of Canada’s Top 50 Research Universities of 2025.

Lakehead was ranked:

  • #2 Research University of the year (Undergraduate Category)
  • #1 Research University in AI Publication Growth
  • #1 for Not-for-Profit Research Income (Undergraduate Category)

The university’s total research income increased 4% to $28 million from 2023 to 2024.

Lakehead is ranked 35th overall among all Canadian research-intensive universities.

Key Research Stats

In 2024-25, Lakehead received $31 Million in External Research Funding

Over the past 10 years, the number of Full-Time Graduate Students increased by 102%

Lakehead had 260 unique research partnerships in 2024-25
(includes municipal, not-for-profit, business/industry, and Indigenous groups

Lakehead University is proud to lead important research initiatives that result in groundbreaking discoveries and developments.

Our highly skilled and dedicated team of experts includes:

11 Canada Research Chairs
5 Lakehead Research Chairs
2 Industrial Research Chairs
1 SES Faculty-based Research Chair
1 Ontario Research Chair
1 Finnish Studies Research Chair
3 Lakehead University/Thunder Bay Regional Health Research Institute (TBRHRI) Chairs

Alumni Stats


Lakehead has 74,998 alumni living and working all over the world in 116 countries.

Country of Origin
Lakehead students—and by extension, alumni—come from 144 countries across the globe. This means that Lakehead’s global footprint touches almost 75% of the world’s 195 countries.

Location Stats
76% of alumni live in Ontario
44% of alumni live in Thunder Bay and northern Ontario
22% of alumni live within a 100 km radius of Toronto

Giving Tuesday
$180,377 was raised on Giving Tuesday in 2025, with 228 contributions made to 50 existing awards.

Varsity Engagement
510 alumni attended 5 engagement events held at varsity away games

Ten Thousand Coffees Mentoring Program
Over 1,300 alumni acted as mentors to current Lakehead students and recent graduates through Ten Thousand Coffees—a powerful networking and mentorship program.

Donor Stats


935 donors gave to Lakehead in 2024-25

They generously gave $9.4 million to support Lakehead students

Iria Rey Perez

“I am a second-year student pursuing a degree in political science and pre-law. I was born and raised in Spain and moved to Thunder Bay three years ago to complete higher education. Lakehead University has provided me with an incredible learning environment, supportive faculty, and numerous opportunities for growth. After graduation, I aspire to become a lawyer, and the Carlotta and Vittorio Del Bianco Memorial Scholarship brings me one step closer to achieving that dream. I truly appreciate your investment in my future, and I hope to one day give back to others in the same way.”

Iria Rey Perez
Honours Bachelor of Arts Student
Carlotta and Vittorio Del Bianco Memorial Scholarship Recipient

 

1,255 students benefited through donor-funded awards, bursaries, and scholarships

21 students accessed Emergency Student Bursaries

Anna Stickel

“I am in my second year of studying biology with a concentration in animal sciences and I spend lots of time volunteering at animal shelters when I can. Receiving the Lakehead University Student Union OSOTF Bursary Recipient bursary has had a large impact on my current situation and academic journey. It reduces the level of financial strain on me and allows me to concentrate fully on my academics without worrying about making more money to make the due date. Your generosity inspires me to continue to work hard while reminding me of the importance of giving back to the community.”

Anna Stickel
Honours Bachelor of Science Student
Lakehead University Student Union OSOTF Bursary Recipient

 

Donor gift designation pie char