RANK
SCHOOL TOTAL REVENUE TOTAL EXPENSES TOTAL SUBSIDY % SUBSIDY
1
Texas
$165,691,486 $146,807,585 $0 0
2
Wisconsin
$149,141,405 $146,659,187 $7,859,675 5.27
3
Alabama
$143,776,550 $116,607,913 $5,791,200 4.03
4
Michigan
$143,514,125 $131,018,311 $255,832 0.18
5
Ohio State
$139,639,307 $116,026,329 $0 0
6
Florida
$130,011,244 $106,972,983 $4,444,516 3.42
7
Oklahoma
$123,805,661 $102,447,553 $0 0
8
LSU
$117,457,398 $105,312,018 $0 0
9
Oregon
$115,241,070 $94,972,708 $2,337,377 2.03
10
Tennessee
$111,579,779 $110,269,194 $12,434,056 11.14
11
Iowa
$107,153,782 $106,969,227 $678,842 0.63
12
Penn State
$104,751,464 $110,737,200 $0 0
13
Auburn
$103,680,609 $103,126,413 $4,315,584 4.16
14
Arkansas
$99,770,840 $92,131,933 $2,027,439 2.03
15
Minnesota
$98,286,669 $96,427,632 $8,101,066 8.24
16
Georgia
$98,120,889 $96,904,626 $3,237,955 3.3
17
Michigan State
$97,942,726 $93,743,529 $1,772,415 1.81
18
Louisville
$96,193,330 $92,383,221 $10,914,122 11.35
19
Kentucky
$95,720,724 $93,423,628 $847,079 0.88
20
California
$94,487,380 $90,126,390 $7,567,235 8.01
21
Texas A&M
$93,957,906 $85,114,588 $590,973 0.63
22
Oklahoma State
$93,664,337 $96,551,860 $7,336,442 7.83
23
Kansas
$93,114,168 $79,720,036 $2,870,626 3.08
24
Florida State
$91,382,441 $84,772,759 $7,859,734 8.6
25
South Carolina
$90,484,422 $89,097,412 $2,537,697 2.8
26
Nebraska
$86,916,001 $81,666,269 $0 0
27
Washington
$85,072,886 $76,209,927 $3,335,999 3.92
28
Virginia
$84,402,710 $84,201,789 $13,119,353 15.54
29
UCLA
$83,926,720 $83,926,720 $2,627,405 3.13
30
North Carolina
$82,792,342 $82,735,139 $9,155,221 11.06
31
Illinois
$79,725,521 $78,667,480 $3,913,032 4.91
32
Rutgers
$78,989,475 $78,989,475 $46,996,697 59.5
33
West Virginia
$77,706,698 $73,501,593 $4,461,487 5.74
34
Indiana
$76,660,265 $72,597,053 $2,561,958 3.34
35
Missouri
$76,306,889 $70,276,015 $1,515,000 1.99
36
Mississippi
$73,390,050 $71,315,807 $3,831,598 5.22
37
Texas Tech
$72,917,990 $66,296,446 $4,010,716 5.5
38
Purdue
$72,379,392 $74,628,002 $0 0
39
Kansas State
$70,457,283 $59,325,573 $2,486,258 3.53
40
Virginia Tech
$70,030,484 $66,581,916 $7,888,739 11.26
41
Clemson
$69,061,398 $67,091,087 $3,756,657 5.44
42
Arizona
$68,510,915 $68,253,136 $7,326,902 10.69
43
North Carolina State
$67,481,639 $63,137,393 $6,531,331 9.68
44
Arizona State
$65,673,955 $65,600,187 $10,120,409 15.41
45
Oregon State
$65,467,970 $64,185,065 $12,270,241 18.74
46
Nevada-Las Vegas
$64,513,044 $63,672,024 $36,163,296 56.06
47
Maryland
$63,714,470 $63,367,929 $15,469,285 24.28
48
Connecticut
$63,336,022 $63,420,811 $18,860,823 29.78
49
Mississippi State
$62,764,025 $57,362,224 $3,000,000 4.78
50
Iowa State
$62,357,761 $62,224,194 $1,834,796 2.94
51
Cincinnati
$61,915,431 $59,540,002 $21,754,860 35.14
52
Georgia Tech
$61,780,812 $63,630,961 $7,147,389 11.57
53
Colorado
$58,334,345 $66,327,497 $7,097,436 12.17
54
Washington State
$47,191,240 $52,126,124 $6,515,694 13.81
55
Utah
$46,855,283 $49,520,152 $10,239,500 21.85
56
Memphis
$46,346,285 $46,501,314 $18,906,228 40.79
57
South Florida
$45,066,258 $44,612,535 $17,703,771 39.28
58
New Mexico
$44,345,840 $45,046,275 $15,343,104 34.6
59
Boise State
$43,166,257 $43,292,010 $11,496,954 26.63
60
Houston
$42,024,887 $42,664,044 $26,114,464 62.14
61
Central Florida
$41,222,301 $41,981,093 $22,857,979 55.45
62
San Diego State
$39,211,827 $42,849,323 $17,579,724 44.83
63
Air Force
$39,031,348 $39,497,086 $25,529,155 65.41
64
Army
$37,289,204 $27,898,527 $11,199,801 30.03
65
Hawaii
$37,017,100 $40,357,387 $14,855,249 40.13
66
Old Dominion
$36,929,483 $35,561,455 $27,089,358 73.35
67
James Madison
$36,072,842 $36,072,842 $28,428,737 78.81
68
East Carolina
$35,805,232 $36,639,494 $14,969,516 41.81
69
Colorado State
$34,791,926 $34,468,927 $18,013,943 51.78
70
Delaware
$33,750,927 $33,750,927 $26,117,411 77.38
71
Fresno State
$33,734,773 $33,050,314 $13,039,903 38.65
72
New Mexico State
$30,105,460 $28,484,118 $19,675,074 65.35
73
Massachusetts
$30,060,635 $30,731,842 $24,354,427 81.02
74
Texas State
$29,764,777 $27,690,963 $21,033,289 70.67
75
Wyoming
$29,647,103 $29,731,941 $15,875,467 53.55
76
Texas-El Paso
$29,017,848 $28,964,808 $14,818,397 51.07
77
Buffalo
$28,964,050 $28,960,127 $22,090,445 76.27
78
North Texas
$28,800,436 $28,926,470 $17,628,426 61.21
79
Miami (Ohio)
$28,705,691 $28,926,951 $19,434,039 67.7
80
Western Michigan
$28,624,348 $28,630,285 $21,260,585 74.27
81
Florida International
$28,332,261 $26,275,579 $21,969,608 77.54
82
California-Davis
$28,240,711 $28,881,026 $22,186,230 78.56
83
Alabama at Birmingham
$28,159,249 $27,544,633 $18,070,530 64.17
84
Akron
$27,954,164 $28,407,737 $20,769,486 74.3
85
Eastern Michigan
$27,797,656 $27,797,656 $22,364,722 80.46
86
Central Michigan
$27,680,624 $27,187,504 $18,572,824 67.1
87
Middle Tennessee State
$27,667,552 $28,716,516 $19,613,161 70.89
88
Western Kentucky
$27,606,401 $27,607,401 $16,414,010 59.46
89
Marshall
$27,587,274 $28,337,108 $14,462,623 52.42
90
Ohio
$27,265,061 $27,027,550 $18,061,353 66.24
91
Georgia State
$26,721,964 $27,261,115 $22,603,029 84.59
92
North Carolina Charlotte
$26,681,829 $26,122,465 $18,667,994 69.97
93
Nevada
$26,627,415 $27,274,229 $10,900,404 40.94
94
Kent State
$26,557,674 $27,116,813 $20,558,816 77.41
95
Virginia Commonwealth
$26,515,057 $25,839,126 $18,134,851 68.39
96
New Hampshire
$26,299,884 $25,808,269 $18,294,051 69.56
97
Northern Illinois
$26,259,284 $25,294,053 $17,572,444 66.92
98
San Jose State
$25,854,038 $24,440,274 $17,573,218 67.97
99
Stony Brook
$25,122,216 $25,144,617 $19,783,537 78.75
100
Rhode Island
$24,890,223 $23,689,560 $18,374,422 73.82
101
Florida Atlantic
$24,538,411 $21,967,412 $16,590,468 67.61
102
Texas-San Antonio
$23,807,953 $24,891,193 $14,559,322 61.15
103
Utah State
$23,684,266 $24,307,048 $13,690,026 57.8
104
Wichita State
$23,643,249 $24,132,710 $6,520,676 27.58
105
Bowling Green
$23,611,448 $20,701,488 $14,316,811 60.64
106
Toledo
$23,054,218 $23,654,141 $11,149,815 48.36
107
Towson
$22,831,747 $19,969,363 $18,765,410 82.19
108
Southern Mississippi
$22,776,416 $22,399,056 $9,802,774 43.04
109
Coastal Carolina
$22,314,234 $22,190,005 $18,346,325 82.22
110
George Mason
$22,262,650 $22,143,733 $18,685,650 83.93
111
North Dakota
$22,160,308 $22,077,150 $10,976,023 49.53
112
Ball State
$21,315,999 $22,727,145 $15,946,549 74.81
113
William & Mary
$21,303,128 $21,244,506 $11,989,354 56.28
114
South Alabama
$21,115,562 $19,830,068 $16,525,156 78.26
115
California Polytechnic
$21,018,795 $20,483,456 $15,972,717 75.99
116
Southern Illinois
$20,161,644 $23,008,969 $13,134,398 65.15
117
Montana
$20,016,689 $19,246,333 $8,588,502 42.91
118
Appalachian State
$19,775,727 $21,395,675 $10,351,540 52.34
119
Idaho
$19,593,192 $19,719,585 $9,295,270 47.44
120
Troy
$19,505,723 $19,505,723 $12,857,258 65.92
121
Sacramento State
$19,410,172 $19,214,711 $15,187,531 78.25
122
Illinois State
$19,336,145 $19,567,197 $12,743,793 65.91
123
Maine
$18,923,542 $18,874,083 $12,790,924 67.59
124
North Dakota State
$18,861,510 $18,702,969 $7,806,202 41.39
125
Louisiana Tech
$18,570,493 $18,444,386 $9,214,682 49.62
126
Vermont
$18,140,000 $18,351,709 $13,055,957 71.97
127
Louisiana-Lafayette
$18,114,361 $18,652,324 $7,680,055 42.4
128
Montana State
$17,945,638 $17,963,217 $10,423,452 58.08
129
Northern Iowa
$16,907,073 $16,771,459 $7,994,868 47.29
130
Albany
$16,378,689 $16,378,689 $13,549,734 82.73
131
Arkansas State
$16,281,038 $16,281,038 $9,323,491 57.27
132
College of Charleston
$15,849,270 $17,400,040 $12,079,978 76.22
133
California-Riverside
$15,829,265 $16,006,591 $14,069,383 88.88
134
Maryland-Baltimore Cty
$15,583,672 $15,299,250 $13,800,160 88.56
135
Long Beach State
$15,514,877 $15,509,188 $10,565,246 68.1
136
Missouri State
$15,495,062 $15,495,062 $8,451,702 54.54
137
Lamar
$15,414,996 $15,239,395 $12,315,780 79.89
138
Murray State
$15,370,172 $15,107,816 $10,927,207 71.09
139
California-Irvine
$15,221,850 $15,304,005 $12,298,970 80.8
140
South Dakota State
$15,148,816 $15,079,750 $7,685,225 50.73
141
Tennessee-Chattanooga
$14,779,261 $14,779,261 $11,050,995 74.77
142
Illinois-Chicago
$14,767,012 $14,555,722 $11,237,790 76.1
143
Sam Houston State
$14,688,326 $12,833,082 $9,951,122 67.75
144
North Carolina Greensboro
$14,672,177 $14,966,482 $12,336,033 84.08
145
East Tennessee State
$14,537,258 $14,771,029 $11,342,419 78.02
146
Tennessee Tech
$14,490,902 $13,079,750 $10,804,881 74.56
147
Central Conn State
$14,433,587 $14,287,945 $12,417,886 86.03
148
California-Santa Barbara
$14,378,732 $15,708,702 $12,019,964 83.6
149
Binghamton
$14,254,734 $14,459,595 $11,401,072 79.98
150
Alabama State
$14,145,373 $14,145,373 $12,174,670 86.07
151
Youngstown State
$13,632,988 $13,632,988 $9,985,370 73.24
152
Stephen F. Austin
$13,534,926 $13,611,753 $11,234,621 83
153
New Jersey Tech
$13,479,999 $11,737,782 $11,389,060 84.49
154
Portland State
$13,408,148 $13,687,793 $9,659,933 72.05
155
Citadel
$13,393,117 $13,247,154 $9,259,116 69.13
156
Jacksonville State
$13,354,125 $12,619,261 $9,182,160 68.76
157
Wisconsin-Milwaukee
$13,278,301 $13,421,922 $10,823,308 81.51
158
Georgia Southern
$13,200,750 $13,200,750 $8,320,670 63.03
159
Eastern Illinois
$13,195,645 $13,290,957 $9,569,951 72.52
160
Delaware State
$13,036,497 $12,696,251 $11,114,182 85.25
161
Northern Arizona
$12,834,870 $12,814,432 $9,520,351 74.18
162
Indiana State
$12,761,811 $12,578,396 $9,518,604 74.59
163
Oakland
$12,720,263 $12,984,095 $10,070,776 79.17
164
Tennessee State
$12,705,170 $12,490,574 $9,731,915 76.6
165
Nebraska-Omaha
$12,702,133 $12,702,133 $7,931,972 62.45
166
North Carolina A&T
$12,535,926 $12,265,815 $9,340,891 74.51
167
Kennesaw State
$12,525,557 $13,931,038 $10,731,979 85.68
168
Winthrop
$12,453,952 $12,264,698 $10,615,257 85.24
169
Norfolk State
$12,449,812 $14,152,218 $10,001,421 80.33
170
Weber State
$12,340,926 $12,285,592 $8,194,660 66.4
171
Northern Colorado
$12,192,974 $12,238,351 $8,380,645 68.73
172
Radford
$12,180,124 $11,600,355 $10,771,012 88.43
173
Florida Gulf Coast
$12,118,558 $11,775,352 $8,815,838 72.75
174
Florida A&M
$12,045,099 $11,689,605 $6,530,814 54.22
175
Eastern Kentucky
$11,938,695 $11,938,695 $9,378,024 78.55
176
Northwestern State La
$11,767,380 $12,339,549 $7,615,219 64.71
177
Idaho State
$11,677,809 $11,547,220 $7,421,156 63.55
178
Western Illinois
$11,655,872 $12,094,058 $9,015,057 77.34
179
North Carolina Wilmington
$11,508,302 $11,292,111 $8,513,874 73.98
180
California State-Northridge
$11,484,117 $11,368,128 $10,011,132 87.17
181
Eastern Washington
$11,469,560 $11,538,027 $8,237,849 71.82
182
California State-Fullerton
$11,431,787 $11,431,787 $8,857,839 77.48
183
Texas-Arlington
$11,411,262 $13,970,673 $9,731,470 85.28
184
Cleveland State
$11,290,814 $11,290,814 $9,624,278 85.24
185
Western Carolina
$11,244,361 $11,387,194 $7,672,001 68.23
186
Missouri-Kansas City
$11,235,112 $12,505,431 $9,503,581 84.59
187
Louisiana-Monroe
$11,231,311 $11,439,382 $4,102,322 36.53
188
Northern Kentucky
$11,183,718 $11,183,718 $9,304,768 83.2
189
Southern Utah
$11,116,704 $10,639,948 $8,280,344 74.49
190
California State-Bakersfield
$11,087,482 $10,250,465 $7,423,916 66.96
191
VMI
$11,059,752 $11,615,757 $4,250,911 38.44
192
South Dakota
$11,026,009 $11,022,253 $7,297,727 66.19
193
Southeastern Louisiana
$10,922,554 $10,920,225 $6,535,265 59.83
194
Central Arkansas
$10,769,990 $10,405,098 $7,670,617 71.22
195
Austin Peay
$10,664,764 $9,854,277 $7,339,194 68.82
196
Prairie View A&M
$10,427,016 $10,548,492 $8,218,661 78.82
197
Morehead State
$10,192,319 $10,192,319 $8,680,040 85.16
198
Texas Southern
$10,188,987 $10,188,987 $9,096,448 89.28
199
Wright State
$10,173,926 $10,852,077 $7,766,218 76.33
200
South Carolina State
$10,133,673 $10,136,350 $6,809,371 67.2
201
Utah Valley
$10,053,547 $9,714,656 $8,905,467 88.58
202
Southeast Missouri State
$9,939,846 $9,953,030 $7,282,542 73.27
203
Texas A&M-Corpus Christi
$9,926,048 $9,819,838 $8,084,830 81.45
204
McNeese State
$9,704,926 $10,307,780 $4,492,235 46.29
205
North Florida
$9,541,774 $9,285,469 $7,416,955 77.73
206
Arkansas-Little Rock
$9,403,112 $9,015,885 $6,147,811 65.38
207
Morgan State
$9,299,310 $9,986,863 $7,869,413 84.62
208
North Carolina Central
$9,169,868 $9,147,577 $6,880,877 75.04
209
Tennessee-Martin
$9,087,815 $9,087,815 $6,849,522 75.37
210
Longwood
$9,060,169 $9,326,777 $7,899,544 87.19
211
Alcorn State
$8,926,041 $6,042,709 $7,501,398 84.04
212
Texas-Pan American
$8,844,062 $8,638,656 $7,224,283 81.69
213
Southern
$8,766,440 $7,687,619 $4,746,048 54.14
214
Wisconsin-Green Bay
$8,196,869 $8,075,346 $4,902,120 59.8
215
Southern Illinois Edwardsville
$8,018,927 $7,718,661 $6,484,138 80.86
216
Indiana-Purdue Fort Wayne
$7,878,962 $7,546,796 $6,104,406 77.48
217
Savannah State
$7,505,272 $6,592,913 $5,674,950 75.61
218
Alabama A&M
$7,349,658 $7,349,658 $5,396,160 73.42
219
Indiana-Purdue Indianapolis
$7,308,438 $7,277,608 $6,443,593 88.17
220
Arkansas-Pine Bluff
$7,096,374 $7,318,876 $5,506,001 77.59
221
Nicholls State
$6,962,130 $6,955,658 $4,221,728 60.64
222
South Carolina Upstate
$6,954,621 $7,325,865 $6,020,233 86.56
223
Chicago State
$6,617,545 $5,664,694 $6,228,485 94.12
224
Jackson State
$6,411,728 $6,411,728 $3,759,290 58.63
225
Grambling State
$6,276,068 $7,846,537 $3,633,769 57.9
226
North Carolina Asheville
$5,774,228 $5,894,394 $4,368,909 75.66
227
Maryland-Eastern Shore
$5,332,206 $5,332,206 $4,706,375 88.26
228
Mississippi Valley State
$4,368,954 $4,368,954 $2,821,442 64.58
229
New Orleans
$4,266,761 $4,266,760 $2,958,137 69.33
230
Coppin State
$3,445,532 $3,678,094 $2,609,264 75.73
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@UofLSheriff50. Louisville native, University of Louisville Business School Grad c/o 2004. Co-Founder of TheCrunchZone.com

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