TOTAL REV $11.69M
TOTAL EXP $11.27M
NET $419.4K

Investment Profile · FY 2019

Grand Valley State University

Allendale, Michigan · NCAA Division II with football · Public, 4-year or above · Enrollment 18,808

ZIP 494019403 · IPEDS unitid 170082

Revenue Percentile (Division)
97th

Key Financial Metrics · 2019

Total Revenue
$11.69M

Total Expenses
$11.27M

Net Result
$419.4K

Unique Athletes
240

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment contracted by 564 (-2.9%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$3.18M

All Track Combined

$1.77M

Basketball

$1.62M

Soccer

$993.8K

Swimming and Diving

$787.5K

Golf

$644.6K

Volleyball

$613.5K

Baseball

$595K

Lacrosse

$544.6K

Softball

$495.7K

Expense by sport

Football

$2.78M

All Track Combined

$1.66M

Basketball

$1.58M

Soccer

$1.14M

Swimming and Diving

$785.5K

Golf

$619.9K

Volleyball

$622.3K

Baseball

$634.4K

Lacrosse

$505.7K

Softball

$483.6K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 132 0 $3.18M $2.78M $399.9K
All Track Combined 3 135 105 $1.77M $1.66M $109.2K
Basketball 2 18 18 $1.62M $1.58M $45.5K
Soccer 15 0 31 $993.8K $1.14M $-145.9K
Swimming and Diving 18 35 27 $787.5K $785.5K $2K
Golf 8 9 8 $644.6K $619.9K $24.7K
Volleyball 26 0 19 $613.5K $622.3K $-8.8K
Baseball 1 35 0 $595K $634.4K $-39.4K
Lacrosse 11 0 29 $544.6K $505.7K $38.9K
Softball 16 0 21 $495.7K $483.6K $12.1K
Tennis 22 12 6 $451.3K $470.1K $-18.8K

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$48.7K

Athletes Tracked
240

Top Sport Share
Football · 27.2%

Program Count
11

Unique men
135

Unique women
105

Per-sport slots
640

Multi-sport coeff
2.67x

Coed men

Coed women

The program has 240 unique athletes filling 640 sport roster slots — a 2.67x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division II with football
Sector
Public, 4-year or above
Total Enrollment
18,808
Revenue Tier
Top-tier (97th pct.)
Peers in Division
167 schools
Peers in Michigan
58 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Lindenwood University MO $12.29M $0 $601.6K
McKendree University IL $10.58M $270 $-1.11M
University of Minnesota-Duluth MN $10.44M $1.02M $-1.25M
Northern Michigan University MI $10.41M $66.3K $-1.28M
Florida Institute of Technology FL $10.25M $491.1K $-1.44M

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $622 Athletic revenue per enrolled student
Expense Ratio 96.4% Expenses as % of revenue
Top Sport Share 27.2% Revenue concentration in top program
Division Percentile 97th Revenue rank within NCAA Division II with football

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