MFRS Cohort Summary FY2025 | Data Driven HBCU

Revenue vs. Expenses — All 19 Schools

Ranked by total revenue. Bars show revenue (school color) and total expenses (white outline).

Full Cohort Data Table

All figures sourced from official athletic financial reports. Click column headers to sort.

#	School	Conf	Revenue	Expenses	Net	Athletic Aid	Aid %	Athletes	Equivs	Earned Rev ⓘ	Earned %

Revenue Category Mix — All 19 Schools

Breakdown across 11 normalized revenue categories. Schools ranked by total revenue. Hover for values.

Revenue Mix — Dollar Values (Stacked)

Absolute revenue by category for each school

Revenue Mix — Proportional (100% Stacked)

Share of total revenue from each category — normalized for cross-school comparison

Athletics-Generated Revenue — Category Breakdown

Ticket Sales + Guarantees + NCAA/Conference + Media Rights + Sponsorships + Donor Contributions · Excludes student fees, institutional support, state/gov, indirect institutional, and unitemized other · Sorted by total earned revenue

Revenue Mix Table

All values in dollars. Sorted by total revenue.

School	Total Rev	Earned Rev ⓘ	Earned %	Student Fees	Direct Inst.	State / Gov	Indirect Inst.	Ticket Sales	Guarantees	NCAA / Conf	Media Rights	Sponsorships	Donor Contrib.	Other

Athletic Aid Investment — Cohort Comparison

Athletic scholarship investment across the 19-school cohort. Sorted by total aid dollars.

Total Aid Dollars

Absolute aid investment by school (Category 20)

Aid as % of Total Expenses

Share of budget allocated to scholarships

Cost Per Scholarship Equivalency

Total aid dollars divided by total equivalencies — reflects effective cost of each scholarship unit

Aid Detail Table

Sorted by total aid dollars (highest to lowest).

School	Conf	Total Aid	Aid % of Exp	Equivs	Athletes	Cost / Equiv

Expense Category Mix — All 19 Schools

Breakdown across 8 expense categories. Schools ranked by total expenses. Hover for values.

Expense Mix — Dollar Values (Stacked)

Absolute spending by category for each school

Expense Mix — Proportional (100% Stacked)

Share of total expenses allocated to each category — normalized for cross-school comparison

Expense Mix Table

All values in dollars. Sorted by total expenses.

School	Total Exp	Athletic Aid	Coaching	Staff	Game / Travel	Facilities	Recruiting	Med & Meals	Other

Sport-Level Revenue — All 19 Schools

Revenue by NCAA MFRS sport category: Football, Men's Basketball, Women's Basketball, Other Sports, Non-Program Specific. Source: FY2025 NCAA MFRS.

Revenue by Sport Category (Stacked) — All Schools

Sport-Level Expenses — All 19 Schools

Expenses by sport category.

Expenses by Sport Category (Stacked) — All Schools

Sport Breakdown by School

All figures from FY2025 NCAA MFRS. Click column headers to sort.

School	Conf	FB Rev	M.Bball Rev	W.Bball Rev	Other Rev	NPS Rev	FB Exp	M.Bball Exp	W.Bball Exp	Other Exp	NPS Exp

Cohort Rankings & Highlights

Key financial and competitive rankings across the 19-school HBCU cohort.

Conference Breakdown

Revenue and expense totals by conference affiliation.

Total Revenue by Conference

Aggregate revenue for CAA, MEAC, and SWAC schools in cohort

Avg Aid % by Conference

Average athletic aid as share of expenses by conference