Thursday, February 26, 2015

NCAA Athletic Scholarships "Full Ride Realities"

Quick tips on NCAA Athletic Scholarships and Financial Aid....

Financial Aid

“Full Ride” Reality.  Division I schools have the “option” to provide multi-year athletic scholarships, but it is not a given.  Division II schools provide athletic scholarships on a “year to year” basis.  All schools must notify student-athletes by July 1st on whether the scholarship will be renewed, adjusted, or canceled.  Yes, this is a business. 
Athletic Scholarship.  Athletic scholarships cover the basics including tuition, fees, textbooks, room and board. Football is considered a “head count” sport where the athletic scholarship covers all the expenses noted above.  In other sports, like golf, a single scholarship can be divided up across five athletes into “partial” scholarships – another reason to know your leverage and be willing to negotiate for better scholarships in certain sports.

Other Aid.  Student-athletes are allowed to pursue and accept other additional forms of financial aid.  All financial aid must be reported to the school’s financial aid office.
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