How much did Rochester Institute of Technology allocate to athletically related financial aid in 2024?

Richard Smith, Deputy Assistant Secretary for Management and Planning, Office of Career, Technical, and Adult Education, U.S. Department of Education
Richard Smith, Deputy Assistant Secretary for Management and Planning, Office of Career, Technical, and Adult Education, U.S. Department of Education
0Comments

In 2024, Rochester Institute of Technology in New York provided $1,860,278 in financial aid connected to athletics, according to the U.S. Department of Education.

During 2024, a total of 368 male and 235 female student-athletes competed for one or more of the institution’s sports teams. Male student-athletes received 3.4% less athletically related financial aid compared to their female counterparts.

The amount of athletically related financial aid awarded by Rochester Institute of Technology rose by 31.3% 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.

Top 10 Athletically Related Student Aid in New York in 2024
Institution Athletically Related Student Aid
Syracuse University $22,922,784
Long Island University $19,479,803
Fordham University $18,245,437
Colgate University $16,714,404
Wagner College $11,983,381
Hofstra University $10,926,466
St. John’s University-New York $10,100,388
University at Buffalo $9,082,291
Stony Brook University $8,542,370
SUNY at Albany School $8,492,847

Information in this story was obtained from the U.S. Department of Education. The source data can be found here.



Related

Matt Soldner, Director and Acting Commissioner, National Center for Education Statistics, Institute of Education Sciences, U.S. Department of Education

Roberts Wesleyan College in Rochester awards $1,861,255 in athletic financial aid for 2024

In 2024, Roberts Wesleyan College in Rochester, New York disbursed $1,861,255 in athletically related financial aid, according to data from the U.S. Department of Education.

James Bergeron, Chief Operating Officer - FSA, U.S. Department of Education

How much did Monroe Community College in Rochester allocate to athletically related financial aid in 2024?

Monroe Community College in Rochester, New York, awarded $115,402 in athletically related financial aid in 2024, according to data from the U.S. Department of Education.

James Bergeron, Chief Operating Officer - FSA, U.S. Department of Education

How much did Monroe Community College in Rochester allocate to athletically related financial aid in 2024?

Monroe Community College in Rochester, New York, awarded $115,402 in athletically related financial aid in 2024, according to data from the U.S. Department of Education.