$148.6M in expenses

The University of Louisville's 2023-24 athletic year was defined by exceptional academic accomplishments, highlighted by a department-record 93% Graduation Success Rate (GSR), as reported by the NCAA-surpassing the school's previous best and reinforcing a strong upward trajectory in student-athlete graduation outcomes. Demonstrating continued commitment to academic excellence, ten Cardinal programs earned a perfect 1,000 in the most recent single-year Division I Academic Progress Rate (APR) . These teams included men's and women's basketball, men's cross country, field hockey, men's and women's golf, lacrosse, men's tennis, men's track and field, and volleyball. Collectively, Cardinal student-athletes achieved a department-wide GPA of 3.311 for the spring 2024 semester, marking the 27th consecutive semester with a GPA of 3.0 or higher. Remarkably, 98 student-athletes earned a perfect 4.0 GPA during the term. Supporting this success, the Association awarded over $17.5 million in scholarships to nearly 900 student-athletes. On the field, Louisville maintained its standing as a national athletic force. The Cardinals ranked 27th in the Learfield Directors' Cup, marking their 14th straight year among the top 40 programs nationwide. The women's sports programs also achieved a notable ranking of 14th nationally in the Capital One Cup standings. For the year, nine Louisville programs earned a top-25 national ranking, and 11 teams advanced to postseason play. A major highlight came from the football program, which, under head coach Jeff Brohm, secured its first 10-win season since 2013 and made its inaugural appearance in the ACC Championship game. Individual athletes also delivered historic performances. Anna DeBeer powered women's volleyball to a third consecutive Elite Eight berth and was honored as ACC Player of the Year and AVCA East Region Player of the Year. In men's tennis, Etienne Donnet and Natan Rodrigues became the first Cardinals to reach the NCAA Semifinals. Jayden Ulrich made Cardinal history in women's track and field with top-five NCAA Championship finishes in multiple events, earning a spot on the 2024 U.S. Olympic team in the discus. In swimming and diving, the global stage beckoned as three Cardinals-Murilo Sartori (Brazil), Nicolas Albiero (USA), and Else Praasterink (Netherlands)-qualified for the 2024 Olympics, capping a year of excellence that blended academic distinction with athletic achievement.