Texas Athletics – a self-sustaining arm of the university – has a total FY 2018-19 budget of $179.5 million. It fully supports itself and generates revenue for the university’s academic enterprises. It is among the few national athletics programs that receives no revenue from student fees, institutional or state sources. Far from competing with academics or financial aid for resources, Texas Athletics generates resources for students.
In 2017, Texas Athletics transferred approximately $10 million to the university. This revenue allowed the university to eliminate fees for many counseling and mental health services for students. Over the past four years, it has transferred nearly $40 million, which has been used for a range of purposes benefitting students, including academic programs and chairs, subsidizing student services, and acquiring scholarly and archival materials.
Texas Athletics Takes Another Leap – USA Today – Jan. 19, 2018
Texas tops the list of 27 schools that make the most money in sports – Business Insider – Nov. 25, 2017