FINANCIAL AID
General Restriction
NCAA regulations limit the amount of financial aid a student athlete may receive. "Financial aid" refers to funds provided to student-athletes from various sources to pay or assist in paying their cost of education at the institution, including athletic scholarships, federal grants, state grants, and outside financial awards (e.g. Lions Club, Rotary Club).
Athletics Scholarships
Eligibility
for Athletics Scholarships
In order to qualify for an athletics scholarship, a
student-athlete must meet all applicable NCAA, conference and
institutional regulations for receiving such financial aid
(e.g., be a qualifier or a partial qualifier as a freshman
student-athlete). A student-athlete may receive up to five
years of athletically-related financial aid within six years
of initial full-time collegiate enrollment.
One-Year
Limit
There is no guaranteed four-year athletics scholarship in
Division I. An athletics scholarship is awarded for one
academic year but it may be renewed at the end of each
academic year.
Renewals/Nonrenewals
If a student-athlete is receiving an athletics
scholarship, he/she will be notified by the institution's
financial aid office by July 1 whether his/her grant has been
renewed for the upcoming academic year. In the event that
his/her athletics scholarship is not renewed, he/she will be
provided a hearing opportunity to challenge the nonrenewal.
Outside Scholarships
A student-athlete may receive outside scholarships or grants but they must be declared with the university to determine whether the student-athlete exceeds his/her limit on financial aid.
Employment
A student-athlete may receive earnings from legitimate on- or off-campus employment during the academic year and during school vacation periods. Prior to employment, the student-athlete must sign a written statement also signed by his/her employer stating:
- (a) the student-athlete's employment compensation does
not include any remuneration for value or utility that
he/she may have for the employer because of the publicity,
reputation, fame or personal following due to athletics
ability;
(b) the student-athlete will be compensated only for work actually performed; and
(c) the student-athlete will be compensated at a rate commensurate with the going rate in the locality for similar services.
