St. Thomas University, located in Miami Gardens, Florida, allocated $5,813,676 in financial aid linked to athletics during the year 2024, according to the U.S. Department of Education.
During 2024, a total of 516 male and 333 female student-athletes competed on one or more sports teams at St. Thomas University. Male athletes received 78.5% more athletically related financial aid compared to their female counterparts.
The amount of athletically related financial aid awarded by St. Thomas University rose by 2.1% compared to the previous year.
College football is one of the biggest sports in the U.S., with some college teams eclipsing NFL teams in terms of attendance and profit.
College athletics has entered a new era of athlete compensation after a federal settlement allowed schools to directly share revenue with players for the first time. The agreement also requires the NCAA to pay $2.8 billion in back damages over 10 years to athletes who competed from 2016 to the present.
In 2022, after years of legal and legislative pressure, athletes also gained the right to profit from their names, images and likenesses through state laws and an NCAA policy change.
| Institution | Athletically Related Student Aid |
|---|---|
| University of Miami | $20,272,735 |
| University of Florida | $12,906,459 |
| University of South Florida | $12,434,229 |
| University of Central Florida | $11,527,791 |
| Keiser University-Ft Lauderdale | $9,046,170 |
| Stetson University | $8,032,809 |
| Florida State University | $8,022,283 |
| Webber International University | $7,989,108 |
| Jacksonville University | $7,955,334 |
| Florida International University | $7,626,342 |
Information in this story was obtained from the U.S. Department of Education. The source data can be found here.
