In 2024, Colorado School of Mines, located in Golden, provided $5,298,505 in financial aid related to athletics, according to the U.S. Department of Education.
A total of 228 male and 60 female student-athletes participated in one or more sports teams representing Colorado School of Mines in 2024. Male student-athletes received 78.9% more athletically related financial aid than their female counterparts.
The amount of athletically related financial aid awarded by Colorado School of Mines rose by 13.8% 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 Denver | $14,821,358 |
| University of Colorado Boulder | $12,765,605 |
| Colorado State University-Fort Collins | $10,563,625 |
| University of Northern Colorado | $6,992,749 |
| Colorado School of Mines | $5,298,505 |
| Colorado Mesa University | $3,660,874 |
| Colorado State University Pueblo | $2,792,617 |
| Colorado College | $2,664,132 |
| Fort Lewis College | $2,651,287 |
| Regis University | $2,645,368 |
Information in this story was obtained from the U.S. Department of Education. The source data can be found here.
