University of Central Arkansas distributes $4,988,852 in athletic financial aid to students 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
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The University of Central Arkansas in Conway disbursed $4,988,852 in financial aid connected to athletics during 2024, according to the U.S. Department of Education.

A total of 299 male and 204 female student-athletes participated in one or more sports teams representing the University of Central Arkansas in 2024. Male student-athletes received 74.8% more athletically related financial aid compared to their female counterparts.

Athletically related financial aid at the University of Central Arkansas rose by 3.4% 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 Arkansas in 2024
Institution Athletically Related Student Aid
University of Arkansas $13,954,643
Arkansas State University $6,292,529
University of Central Arkansas $4,988,852
Harding University $4,272,480
University of Arkansas at Little Rock $4,040,511
Ouachita Baptist University $3,673,242
University of Arkansas at Pine Bluff $2,562,148
Henderson State University $2,221,561
Arkansas Tech University $1,979,299
Southern Arkansas University Main Campus $1,935,898

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



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