Saint Peter’s University awards $3,225,813 in athletic financial aid to students in 2024

Murray Bessette, Principal deputy assistant secretary (and acting assistant secretary) in the Office of Planning, Evaluation and Policy Development at the U.S. Department of Education
Murray Bessette, Principal deputy assistant secretary (and acting assistant secretary) in the Office of Planning, Evaluation and Policy Development at the U.S. Department of Education
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In 2024, Saint Peter’s University located in Jersey City, New Jersey, distributed $3,225,813 in financial aid connected to athletics, according to the U.S. Department of Education.

During 2024, 129 male and 120 female student-athletes participated in one or more sports teams at Saint Peter’s University. Male athletes received 6.4% more athletically related financial aid than their female counterparts.

The total amount of athletically related financial aid awarded by Saint Peter’s University rose by 8% compared to 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 New Jersey in 2024
Institution Athletically Related Student Aid
Rutgers University-New Brunswick $25,090,860
Monmouth University $15,210,034
Seton Hall University $9,019,999
New Jersey Institute of Technology $6,167,137
Rider University $6,016,545
Fairleigh Dickinson University-Metropolitan Campus $5,358,700
Felician University $3,228,639
Saint Peter’s University $3,225,813
Georgian Court University $2,477,079
Caldwell University $2,366,622

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



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