TOTAL REV $13.01M
TOTAL EXP $13.01M
NET $0

Investment Profile · FY 2019

Stephen F Austin State University

Nacogdoches, Texas · NCAA Division I-FCS · Public, 4-year or above · Enrollment 9,183

ZIP 75961 · IPEDS unitid 228431

Revenue Percentile (Division)
48th

Key Financial Metrics · 2019

Total Revenue
$13.01M

Total Expenses
$13.01M

Net Result
$0

Unique Athletes
245

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 63.1%Women’s programs 36.9%

$8.21M
$4.8M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment contracted by 230 (-2.4%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$4.55M

Basketball

$3.24M

All Track Combined

$1.3M

Baseball

$791.2K

Volleyball

$629.3K

Soccer

$618.7K

Softball

$598.6K

Golf

$431.5K

Tennis

$320.1K

Bowling

$313.6K

Expense by sport

Football

$4.55M

Basketball

$3.24M

All Track Combined

$1.3M

Baseball

$791.2K

Volleyball

$629.3K

Soccer

$618.7K

Softball

$598.6K

Golf

$431.5K

Tennis

$320.1K

Bowling

$313.6K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 119 0 $4.55M $4.55M $0
Basketball 2 16 13 $3.24M $3.24M $0
All Track Combined 3 94 126 $1.3M $1.3M $0
Baseball 1 35 0 $791.2K $791.2K $0
Volleyball 26 0 19 $629.3K $629.3K $0
Soccer 15 0 28 $618.7K $618.7K $0
Softball 16 0 25 $598.6K $598.6K $0
Golf 8 12 8 $431.5K $431.5K $0
Tennis 22 0 9 $320.1K $320.1K $0
Bowling 33 0 11 $313.6K $313.6K $0
Beach Volleyball 32 0 13 $222.2K $222.2K $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$53.1K

Athletes Tracked
245

Top Sport Share
Football · 34.9%

Program Count
11

Unique men
119

Unique women
126

Per-sport slots
528

Multi-sport coeff
2.16x

Coed men

Coed women

The program has 245 unique athletes filling 528 sport roster slots — a 2.16x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FCS
Sector
Public, 4-year or above
Total Enrollment
9,183
Revenue Tier
Below-median (48th pct.)
Peers in Division
124 schools
Peers in Texas
111 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Indiana State University IN $13M $257.8K $-4.2K
Howard University DC $13.05M $0 $44.9K
Citadel Military College of South Carolina SC $13.13M $1.78M $121.9K
South Dakota State University SD $13.16M $0 $149K
Lamar University TX $12.83M $80.7K $-175K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $1.4K 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 48th 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.