In 2024, the University of Alaska Fairbanks disbursed $1,820,563 in financial aid tied to athletics, according to the U.S. Department of Education.
A total of 114 student-athletes, evenly split with 57 men and 57 women, represented the University of Alaska Fairbanks in various sports during 2024. Male athletes received 49% more financial aid than their female counterparts.
The university saw a 12.2% 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 |
|---|---|
| University of Alaska Anchorage | $2,056,669 |
| University of Alaska Fairbanks | $1,820,563 |
