College players are paid mainly in the form of NIL (Name, Image, and Likeness) contracts and new share-the-money initiatives. Average players may not receive much, but star players may be paid thousands per month. Knowing how much college athletes get paid a month enables hopeful players to prepare financially and aim at programs accordingly. Average annual compensation for Division I players was over $3,000, or about $300 monthly per player. College superstars can make $8,000+ per month from endorsements, sponsorships, or revenue-sharing deals. Payment for athletes differs by sport, visibility, school budget, etc. Most athletes pair scholarships with NIL contracts to earn maximum money in a month. Scholarships pay tuition, room, and board, but money comes from brand agreements, personal endorsements, college collectives and grassroots sponsorships in colleges with athletic training programs. Students must budget for monitoring potential monthly income to stay in good financial standing throughout college.
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