From the Athletics Department Proposed Budget 1998-99

University of South Carolina Athletics Department

Summary of Transfers and University Support

1998/99

 

The Athletics Department is totally self-supporting, funding all direct and indirect expenses. In addition, the Department provides funds to the University for the General Fund. All athletic revenues, including Gamecock Club donations, are non-appropriated State funds and are deposited with the University.

The Athletics Department provides the University financial support for the following programs, via University transfers:

1.    $ 350,000     Five year commitment to fund University scholarships.

2.    $ 500,000     Annual payment for indirect cost recovery.

3.    $ 45,000       Annual contribution to Student Affairs/Student Government.

4.    $ 315,000     Bi-Annual contribution to the University Scholarship Fund from $5.00
                            Clemson home football game ticket sales.

5.    $ 145,000     Annual support to the University Band.

       $1,355,000

Additionally, the Athletics Department pays full out-of-state tuition amounting to approximately $700,000 annually.

Admission taxes generated by Athletic events total approximately $400,000 annually in revenue to the State of South Carolina.


This page updated 17 June 1998 by the Office of the Faculty Senate,
and copyright 1998, The Board of Trustees of the University of South Carolina.
URL http://www.sc.edu/faculty/senate/98/agenda/0630.ath.html