Extraction of gossypol from cottonseed is essentially required to produce cottonseed free from gossypol for animal feed and or human applications. The focus of the present research was to determine the percentage gossypol extraction after extracting the defatted cottonseed using environment friendly green solvent ethanol-water (95:5 v/v) acidified with 0.5 M oxalic acid. The cottonseed samples were taken according to the fixed solvent to seed ratio and were extracted in batch process using round bottom flasks maintained at required temperatures for different extraction times ranging from 5 to 180 mins. After extraction the samples were filtered and dried and subjected to total gossypol analysis using BIS method. One factor at a time (OFAT) experimental design was employed to optimize the different process parameters like acid type and concentration, solvent to seed ratio, temperature and contact time. The obtained data was studied for analysis of kinetics of extraction using three different kinetic models, calculation of activation energy, evaluating values of kinetic parameters and thermodynamic parameters. The data was also analyzed for evaluation of mass transfer effects viz. liquid film diffusion and internal solid diffusion and calculation of diffusion rate constants for the extraction of gossypol from cottonseed. The present dataset demonstrated the analysis of experimental data for determining the type of kinetics, thermodynamic parameters and mass transfer effects of the solvent extraction for future researchers.