College athletes will start realizing the financial benefits of playing for a ‘Power 5 conference” school this fall, and UofL is at the forefront. According to a report from The Chronicle of Higher Education, UofL student-athletes will receive $5,202 over the basic scholarship. That number comes out as the third highest in the nation and the highest in the ACC.
Spending power among the five biggest conferences — the Atlantic Coast, Big Ten, Big 12, Pacific-12, and Southeastern — varies greatly.
Three of the top four programs are from the Southeastern Conference: Tennessee ($5,666), Auburn University ($5,586), and Mississippi State ($5,126). A total of seven SEC programs are among the top 20, according to the analysis, which included a review of institutions’ financial-aid websites and cost-of-attendance figures that the colleges report to the federal government.
The University of Louisville, from the Atlantic Coast Conference, has the third-highest number ($5,202).
In comparison, UK is giving their student-athletes $2,264. We’re aren’t able to figure the additional sum UK’s basketball players will be getting from World Wide Wes. (Kidding….maybe)
ESPN.com’s Andrea Adelson looks at the numbers from an ACC perspective.
In the Atlantic Division alone, BC is being put at an even bigger disadvantage. Louisville is prepared to offer more than $5,000 to cover the full cost of attendance, the only ACC school to crack the Top 20. The next two schools on the ACC list? Florida State and Clemson, at more than $3,500 each. BC is right around $1,400, though The Chronicle notes “Elite private institutions sometimes underestimate students’ personal expenses in their published cost of attendance as a way of limiting the sticker shock that can accompany their tuition bills.”