FY2025 Financial Snapshot
Source: FY2025 NCAA MFRS · Prepared by Data Driven HBCU · March 2026
FY2025 Revenue Sources
Athletic Aid vs. All 17 HBCU Peers
FY2025 Revenue Mix
Revenue source breakdown as reported in FY2025 NCAA MFRS filing.
Revenue Sources — FY2025
| Revenue Source | Amount | % of Total |
|---|
Athletics-Generated Revenue — Category Breakdown
FY2025 Expense Mix
Source: FY2025 NCAA MFRS
Expense Breakdown
Expenses by Category
| Expense Category | Amount | % of Total |
|---|
FY2025 Sport-Level Revenue & Expenses
Revenue and expenses allocated by NCAA MFRS sport category. Source: FY2025 NCAA MFRS filing.
Revenue vs. Expenses by Sport Category
| Sport Category | Revenue | Expenses | Net |
|---|
FY2025 Scholarship Equivalencies
Source: FY2025 NCAA MFRS · Equivalency data as reported.
Men's Scholarship Equivalencies by Sport
Women's Scholarship Equivalencies by Sport
| Men's Sport | Equivs. | Est. Aid Value |
|---|
| Women's Sport | Equivs. | Est. Aid Value |
|---|
Peer Comparison — FY2025 MFRS
All 17 HBCU programs. Highlighted row = this school.
Athletic Aid — 17 HBCU Programs (FY2025)
| School | Conf. | Revenue | Expenses | Net | Aid | Aid % | Equivs. | Ticket Sales | Guarantees | Media Rights | Earned Rev ⓘ | Earned % |
|---|
Historical Financial Trends — FY’04–FY’24
Source: Knight-Newhouse College Athletics Database · Prepared by Data Driven HBCU · FY2025 MFRS data shown in all other tabs.
Total Revenue vs. Total Expenses
Revenue by Category
Expenses by Category
Student Fees & Institutional Support
Data Source: FY’04–FY’24 historical data from the
Knight-Newhouse College Athletics Database,
a project of the Knight Commission on Intercollegiate Athletics and the Newhouse School at Syracuse University.
All figures reflect reported actuals. Dollar values in millions ($M).
Key Findings & Research Verdict
Prepared: March 2026 | Data: FY2025 NCAA MFRS Actuals
Research Verdict