- Jan 29, 2015
Is that public information or an estimate? Also, why would the cost of an in-state athlete cost less than an out-of-state athlete? The cost to VCU would be the same.VCU Athletics pays $35k from its budget for an out of state athlete on scholarship for tuition and fees (not a lot of our players are in state residents
$11k for room and board annually is a good estimate (pretty much 50-50 breakdown)
then University fees/ books etc
additional scholarships usually cost $50-60K annually all-in
EDIT: I think you may be using a number from an RAF fundraising material. The athletics department claims it cost just shy of 30k for an in-state scholarship. That figure appears to be based (approximately) on the cost of dividing total costs by the number of students (VCU reports total costs per year are 685M and there's 30k students; straight average would be 23k). Again, that's not factoring in economies of scale. VCU is not going to hire 5 new professors, 5 administrative staff, and 5 new culinary workers, and a new dorm for each student athlete admitted.