TOTAL REV $8.15M
TOTAL EXP $7.34M
NET $812.1K

Investment Profile · FY 2019

Nicholls State University

Thibodaux, Louisiana · NCAA Division I-FCS · Public, 4-year or above · Enrollment 4,971

ZIP 70310 · IPEDS unitid 159966

Revenue Percentile (Division)
11th

Key Financial Metrics · 2019

Total Revenue
$8.15M

Total Expenses
$7.34M

Net Result
$812.1K

Unique Athletes
182

Gender Investment Allocation

Men’s programs 65.7%Women’s programs 34.3%

$5.36M
$2.79M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 395 (8.6%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$3.29M

Basketball

$1.74M

Baseball

$662.9K

Softball

$542.3K

All Track Combined

$424.8K

Tennis

$419.1K

Soccer

$392.3K

Volleyball

$381.1K

Golf

$218.9K

Beach Volleyball

$80.4K

Expense by sport

Football

$3.02M

Basketball

$1.59M

Baseball

$590.1K

Softball

$472.3K

All Track Combined

$370.4K

Tennis

$363.7K

Soccer

$341.8K

Volleyball

$332.7K

Golf

$194.7K

Beach Volleyball

$69.7K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 117 0 $3.29M $3.02M $271.7K
Basketball 2 16 14 $1.74M $1.59M $154K
Baseball 1 35 0 $662.9K $590.1K $72.8K
Softball 16 0 24 $542.3K $472.3K $70K
All Track Combined 3 55 65 $424.8K $370.4K $54.4K
Tennis 22 8 7 $419.1K $363.7K $55.4K
Soccer 15 0 26 $392.3K $341.8K $50.6K
Volleyball 26 0 19 $381.1K $332.7K $48.4K
Golf 8 8 0 $218.9K $194.7K $24.2K
Beach Volleyball 32 0 24 $80.4K $69.7K $10.7K

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$44.8K

Athletes Tracked
182

Top Sport Share
Football · 40.4%

Program Count
10

Unique men
117

Unique women
65

Per-sport slots
418

Multi-sport coeff
2.30x

Coed men

Coed women

The program has 182 unique athletes filling 418 sport roster slots — a 2.30x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FCS
Sector
Public, 4-year or above
Total Enrollment
4,971
Revenue Tier
Lower-tier (11th pct.)
Peers in Division
124 schools
Peers in Louisiana
25 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Portland State University OR $8.26M $0 $106.8K
Grambling State University LA $8.3M $299.4K $146.9K
Western Carolina University NC $8M $0 $-153.1K
Bethune-Cookman University FL $7.99M $261.4K $-166.9K
Western Illinois University IL $8.51M $0 $355K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $1.6K Athletic revenue per enrolled student
Expense Ratio 90.0% Expenses as % of revenue
Top Sport Share 40.4% Revenue concentration in top program
Division Percentile 11th Revenue rank within NCAA Division I-FCS

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