I image colleges don't look favourably on performing below average. If your a titled player yes, a patzer there is no upside. Only downside.
FIDE rating on my US University application
Also a member of the drama club, wow that's amazing what plays? Romeo & Juliet, mcbeth etc , great what character did you play? I got the coffee.
I've many more achievements I was the captain of our pokemon teak. Oh that's great, how many memeber did you have? Oh just me.

They don't care what your chess rating is! You're going to college, not booking a chess tournament!
Then why do people put their clubs and extracurriculars for college application?
Americans care nothing about chess.
Daniel Naroditsky graduated from Stanford university. He now lives in north carolina and streams as a top online GM.
Of course, chess probably had nothing to do with his admittance, but it probably didn't hurt.
Daniel Naroditsky is a former World Youth Chess Champion. By the time he applied for college, Danya was probably one of the top chess players in the United States. However, not everyone is a grandmaster of the caliber of Danya! In general, colleges do not care about your chess rating. Americans as a whole do not care about chess.
That is also true. But it doesn’t hurt to show colleges that you have a wide variety of interests.