In 2024, the University of Montevallo in Alabama distributed $2,965,950 in financial aid connected to athletics, according to the U.S. Department of Education.
A total of 316 male and 175 female student-athletes participated in one or more sports teams at the University of Montevallo during 2024. Male athletes received 0.2% more athletically related financial aid than their female counterparts.
The university saw a 7.5% increase in athletically related financial aid 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 |
|---|---|
| Auburn University | $17,939,582 |
| The University of Alabama | $15,912,938 |
| Samford University | $9,611,250 |
| University of Alabama at Birmingham | $8,176,953 |
| University of South Alabama | $7,899,489 |
| Troy University | $6,642,306 |
| Jacksonville State University | $6,012,764 |
| University of Mobile | $5,165,058 |
| Alabama State University | $4,602,765 |
| University of North Alabama | $4,582,454 |
