California State University-Monterey Bay distributes $909,200 in athletic financial aid in Seaside for 2024

Matt Soldner, Director and Acting Commissioner, National Center for Education Statistics, Institute of Education Sciences, U.S. Department of Education
Matt Soldner, Director and Acting Commissioner, National Center for Education Statistics, Institute of Education Sciences, U.S. Department of Education
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California State University-Monterey Bay, located in Seaside, awarded $909,200 in financial aid tied to athletics during 2024, according to the U.S. Department of Education.

During 2024, a total of 283 student-athletes competed for California State University-Monterey Bay, including 133 men and 150 women. Male athletes received 22.8% less athletically related financial aid compared to their female counterparts.

The university’s athletically related financial aid for 2024 represents a 5.4% decrease from the previous year.

College football is one of the biggest sports in the U.S., with some college teams eclipsing NFL teams in terms of attendance and profit.

College athletics has entered a new era of athlete compensation after a federal settlement allowed schools to directly share revenue with players for the first time. The agreement also requires the NCAA to pay $2.8 billion in back damages over 10 years to athletes who competed from 2016 to the present.

In 2022, after years of legal and legislative pressure, athletes also gained the right to profit from their names, images and likenesses through state laws and an NCAA policy change.

Top 10 Athletically Related Student Aid in California in 2024
Institution Athletically Related Student Aid
Stanford University $37,585,095
University of Southern California $24,741,327
University of California-Los Angeles $17,929,355
University of California-Berkeley $16,026,821
Loyola Marymount University $11,960,852
San Diego State University $10,420,385
University of California-Davis $10,155,570
California Baptist University $10,092,814
Pepperdine University $9,942,607
Simpson University $9,773,579

Information in this story was obtained from the U.S. Department of Education. The source data can be found here.



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