FY2025 Financial Snapshot
Source: FY2025 NCAA MFRS · Prepared by Data Driven HBCU · March 2026
Total Revenue
$5.6M
FY2025 MFRS
Total Expenses
$5.3M
FY2025 MFRS
Net Position
+$0.3M
Revenue − Expenses
Athletic Aid
$1.6M
30.8% of expenses
Scholarship Equivs.
92.13
174 athletes receiving aid
Sports Offered
15
7M / 8W
FY2025 Revenue Sources
Athletic Aid vs. All 13 HBCU Peers
2024 Football Record
1-11
Cost / Equiv.
$17,663
In-State COA: $23,342
Pell Recipients
105
$692,785 total Pell aid
FY2025 Revenue Mix
Revenue source breakdown as reported in FY2025 NCAA MFRS filing.
Revenue Sources — FY2025 (Miss. Valley)
| Revenue Source | Amount | % of Total |
|---|---|---|
| Student Fees | $784,969 | 14.1% |
| Direct Institutional | $1,857,726 | 33.3% |
| Ticket Sales | $138,510 | 2.5% |
| Guarantees | $1,357,947 | 24.4% |
| NCAA / Conference | $1,147,854 | 20.6% |
| Donor Contributions | $211,461 | 3.8% |
| Other | $78,066 | 1.4% |
| TOTAL | $5,576,533 | 100.0% |
FY2025 Expense Mix
Source: FY2025 NCAA MFRS
Expense Breakdown — Miss. Valley
Expenses by Category
| Expense Category | Amount | % of Total |
|---|---|---|
| Athletic Aid | $1,627,295 | 30.8% |
| Coaching Comp | $1,471,704 | 27.8% |
| Staff Comp | $485,521 | 9.2% |
| Game Exp & Travel | $1,007,727 | 19.0% |
| Facilities / Debt | $22,591 | 0.4% |
| Recruiting | $2,928 | 0.1% |
| Medical & Meals | $265,465 | 5.0% |
| Other | $406,999 | 7.7% |
| TOTAL | $5,290,230 | 100.0% |
FY2025 Scholarship Equivalencies
Source: FY2025 NCAA MFRS Page 43. Equivalency data as reported.
Grand Total Equivs.
92.13
174 athletes receiving aid
Total Aid Dollars
$1.6M
30.8% of expenses
Cost / Equiv.
$17,663
11-peer avg: ~$26K
Men's Aid
$0.9M
98 athletes
Women's Aid
$0.6M
76 athletes
Men's Scholarship Equivalencies by Sport
Women's Scholarship Equivalencies by Sport
| Men's Sport | Equivs. | Aid ($) |
|---|---|---|
| Football | 36.30 | $586,421 |
| Basketball | 10.86 | $175,442 |
| Track/XC | 2.78 | $44,910 |
| Baseball | 3.48 | $56,219 |
| Tennis | 2.21 | $35,702 |
| Men's Total | — | $898,694 |
| Women's Sport | Equivs. | Aid ($) |
|---|---|---|
| Basketball | 13.50 | $230,291 |
| Track/XC | 1.99 | $33,947 |
| Volleyball | 8.98 | $153,186 |
| Softball | 6.11 | $104,228 |
| Soccer | 5.68 | $96,893 |
| Tennis | 0.24 | $4,094 |
| Women's Total | — | $622,639 |
HBCU Peer Comparison — FY2025 MFRS
All 13 programs. Miss. Valley highlighted in gold.
Athletic Aid — 11 HBCU Programs (FY2025)
| School | Conf. | Revenue | Expenses | Net | Aid | Aid % | Equivs. |
|---|
Head Coaching Salaries — 11 HBCU Programs (FY2025)
Football, Men's Basketball, and Women's Basketball head coach compensation (university + third-party combined). Source: FY2025 NCAA MFRS. — indicates no football program.
Men's & Women's Basketball HC Salary — 11 HBCU Programs (FY2025)
| School | FB HC Salary | MB HC Salary ▼ | WB HC Salary |
|---|
Endowment Data — 11 HBCU Programs (FY2025)
Restricted endowment income (MFRS L17), athletics dedicated endowments (L54), and institutional endowments (L55). Source: FY2025 NCAA MFRS.
Institutional Endowment — 11 HBCU Programs (FY2025)
| School | Restricted Endow Income | Athletics Endowment ▼ | Institutional Endowment |
|---|
Key Findings & Research Verdict
Prepared: March 2026 | Data: FY2025 NCAA MFRS Actuals
Research Verdict — Miss. Valley
MVSU prioritizes aid investment (30.8% of expenses) above all peers, but the resource ceiling is reflected in on-field results (1-11 football record in 2024). Increasing total revenue and targeting football scholarship investment toward the 63-equiv maximum are the clearest paths to competitive improvement.
FINDING 1
Highest aid as % of expenses (30.8%) in the HBCU cohort
MVSU directs 30.8% of its total expenses toward athletic scholarships — the highest proportion among all 12 peers. For a $5.6M program, this is a remarkable commitment to aid-first investment.
FINDING 2
Football investment at 36.3 equivs — well below 63-equiv maximum
With only 36.3 football equivalencies — the lowest in the SWAC — MVSU faces the steepest scholarship-to-competitiveness challenge in the cohort. Increasing football scholarship investment is the clearest path to improved on-field outcomes.
FINDING 3
Guarantee payments ($1.36M) — the primary earned revenue source
At $1.36M, guarantee payments represent 24.4% of total revenue — the highest guarantee-dependency ratio in the cohort. MVSU's financial model is heavily reliant on scheduling as a revenue center.
Historical Financial Trends — FY2005–FY2025
Mississippi Valley State University · 21-Year View · FY2005–FY2024 data sourced from the Knight-Newhouse College Athletics Database; FY2025 data from NCAA MFRS reports provided by the institution.
Total Revenue vs. Total Expenses
Revenue by Category
Student Fees, Institutional Support, NCAA/Conference Distributions, Ticket Sales, Donor Contributions
Expenses by Category
Athletic Student Aid, Coaches Compensation, Staff Compensation, Game Travel, Facilities & Debt Service
Student Fees & Institutional Support
The two largest sources of institutional subsidy tracked over 21 years.
Data Attribution
FY2005–FY2024 historical data sourced from the Knight-Newhouse College Athletics Database, a project of the Knight Commission on Intercollegiate Athletics and the Newhouse School of Public Communications at Syracuse University. FY2025 data from NCAA MFRS reports provided by the institution. All figures reflect reported actuals for Mississippi Valley State University.
FY2005–FY2024 historical data sourced from the Knight-Newhouse College Athletics Database, a project of the Knight Commission on Intercollegiate Athletics and the Newhouse School of Public Communications at Syracuse University. FY2025 data from NCAA MFRS reports provided by the institution. All figures reflect reported actuals for Mississippi Valley State University.