TOTAL REV $14.69M
TOTAL EXP $14.69M
NET $0

Investment Profile · FY 2019

Northern Arizona University

Flagstaff, Arizona · NCAA Division I-FCS · Public, 4-year or above · Enrollment 21,730

ZIP 860114092 · IPEDS unitid 105330

Revenue Percentile (Division)
58th

Key Financial Metrics · 2019

Total Revenue
$14.69M

Total Expenses
$14.69M

Net Result
$0

Unique Athletes
195

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 1,373 (6.7%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$5.13M

Basketball

$3.04M

All Track Combined

$2.09M

Volleyball

$1.09M

Soccer

$1.03M

Swimming and Diving

$991.4K

Tennis

$868.9K

Golf

$454.4K

Expense by sport

Football

$5.13M

Basketball

$3.04M

All Track Combined

$2.09M

Volleyball

$1.09M

Soccer

$1.03M

Swimming and Diving

$991.4K

Tennis

$868.9K

Golf

$454.4K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 122 0 $5.13M $5.13M $0
Basketball 2 16 16 $3.04M $3.04M $0
All Track Combined 3 70 73 $2.09M $2.09M $0
Volleyball 26 0 14 $1.09M $1.09M $0
Soccer 15 0 37 $1.03M $1.03M $0
Swimming and Diving 18 0 31 $991.4K $991.4K $0
Tennis 22 11 9 $868.9K $868.9K $0
Golf 8 0 10 $454.4K $454.4K $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$75.3K

Athletes Tracked
195

Top Sport Share
Football · 34.9%

Program Count
8

Unique men
122

Unique women
73

Per-sport slots
409

Multi-sport coeff
2.10x

Coed men

Coed women

The program has 195 unique athletes filling 409 sport roster slots — a 2.10x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FCS
Sector
Public, 4-year or above
Total Enrollment
21,730
Revenue Tier
Above-median (58th pct.)
Peers in Division
124 schools
Peers in Arizona
24 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Davidson College NC $14.84M $1.64M $155.5K
Robert Morris University PA $14.87M $0 $185.2K
The University of Montana MT $14.91M $-599.1K $219.1K
Southern Illinois University-Carbondale IL $14.35M $0 $-335.5K
Stetson University FL $14.26M $0 $-430.4K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $676 Athletic revenue per enrolled student
Expense Ratio 100.0% Expenses as % of revenue
Top Sport Share 34.9% Revenue concentration in top program
Division Percentile 58th 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.