The University of Maryland-College Park distributed $20,270,050 in financial aid linked to athletics during the year 2024, according to the U.S. Department of Education.
During 2024, 316 male and 223 female student-athletes competed in one or more sports teams representing the University of Maryland-College Park. Male student-athletes received 33.4% more financial aid than their female counterparts.
Athletically related financial aid at the University of Maryland-College Park rose by 6.3% 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.
| Institution | Athletically Related Student Aid |
|---|---|
| University of Maryland-College Park | $20,270,050 |
| Mount St. Mary’s University | $9,577,996 |
| Towson University | $7,678,325 |
| Morgan State University | $6,568,518 |
| Loyola University Maryland | $6,519,046 |
| University of Maryland-Baltimore County | $5,841,343 |
| Frostburg State University | $2,742,407 |
| University of Maryland Eastern Shore | $2,636,480 |
| Johns Hopkins University | $1,964,833 |
| Coppin State University | $1,627,698 |
Information in this story was obtained from the U.S. Department of Education. The source data can be found here.
