Athletic Department Profits From Bowl

AMES, Iowa -- For the third-straight year, the Iowa State athletic department finished its bowl trip experience in the black, netting $200,000 in revenue after its participation in the 2002 Humanitarian Bowl in December.

Iowa State athletics director Bruce Van De Velde said the revenue will be used to offset tuition increases that will up the Cyclone scholarship bill by more than $472,000 in the 2003-04 academic year.

"Of the 372 people who traveled to Boise, 226 were ISU students," Van De Velde said. "The revenue we were able to make on the Humanitarian Bowl will allow us to offset our scholarship costs, which have risen by more than $1 million in the last two years."

The Iowa State athletic department will pay nearly $5 million for athletic scholarships to the University during the 2003-04 school year.

Iowa State netted $192,000 after its trip to the Bowl in 2000 and $210,000 from its Independence Bowl trip in 2001.

"This is another way the football program is able to assist all of the 18 sports at Iowa State," Van De Velde said.

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