TOTAL REV $20.84M
TOTAL EXP $20.84M
NET $-1

Investment Profile · FY 2019

Georgia State University

Atlanta, Georgia · NCAA Division I-FBS · Public, 4-year or above · Enrollment 21,815

ZIP 303033083 · IPEDS unitid 139940

Revenue Percentile (Division)
18th

Key Financial Metrics · 2019

Total Revenue
$20.84M

Total Expenses
$20.84M

Net Result
$-1

Unique Athletes
191

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 67.4%Women’s programs 32.6%

$14.05M
$6.79M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 3,163 (17%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$8.69M

Basketball

$4.47M

Soccer

$1.69M

Baseball

$1.06M

Volleyball

$976.5K

Golf

$955K

All Track Combined

$919.8K

Tennis

$885.6K

Softball

$712.6K

Beach Volleyball

$480.1K

Expense by sport

Football

$8.69M

Basketball

$4.47M

Soccer

$1.69M

Baseball

$1.06M

Volleyball

$976.5K

Golf

$955K

All Track Combined

$919.8K

Tennis

$885.6K

Softball

$712.6K

Beach Volleyball

$480.1K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 111 0 $8.69M $8.69M $0
Basketball 2 15 16 $4.47M $4.47M $0
Soccer 15 26 35 $1.69M $1.69M $0
Baseball 1 35 0 $1.06M $1.06M $0
Volleyball 26 0 16 $976.5K $976.5K $-1
Golf 8 9 10 $955K $955K $0
All Track Combined 3 0 80 $919.8K $919.8K $0
Tennis 22 9 10 $885.6K $885.6K $0
Softball 16 0 22 $712.6K $712.6K $0
Beach Volleyball 32 0 17 $480.1K $480.1K $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$109.1K

Athletes Tracked
191

Top Sport Share
Football · 41.7%

Program Count
10

Unique men
111

Unique women
80

Per-sport slots
411

Multi-sport coeff
2.15x

Coed men

Coed women

The program has 191 unique athletes filling 411 sport roster slots — a 2.15x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FBS
Sector
Public, 4-year or above
Total Enrollment
21,815
Revenue Tier
Lower-tier (18th pct.)
Peers in Division
127 schools
Peers in Georgia
53 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Ohio University-Main Campus OH $20.9M $0 $58.7K
University of Hawaii at Manoa HI $21.25M $-9.36M $416.7K
New Mexico State University-Main Campus NM $21.64M $0 $802.8K
Central Michigan University MI $20.02M $0 $-819.2K
Appalachian State University NC $19.99M $0 $-849.8K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $955 Athletic revenue per enrolled student
Expense Ratio 100.0% Expenses as % of revenue
Top Sport Share 41.7% Revenue concentration in top program
Division Percentile 18th Revenue rank within NCAA Division I-FBS

Source: U.S. Department of Education — Equity in Athletics Data Analysis (EADA). Fiscal year 2019. Last updated April 18, 2026.