RE: Push to pay players continues
I know many players already getting a decent amount of free money, this is what I pulled from an article:
Pell Grant
Many football student-athletes qualify for a Pell Grant based on several factors, but most earn a Pell Grant based on a lack of wealth from their parents. According to collegeboard.com, “The U.S. Department of Education uses a standard formula to evaluate the information you supply when applying for a Pell Grant. This formula produces a number called the Expected Family Contribution (EFC), which determines if you are eligible. The grant requires that you: 1. Are an undergraduate student who has not earned a bachelor’s degree. 2. Are a U.S. citizen or an eligible noncitizen. 3. Have a high school diploma or a GED, or demonstrate the ability to benefit from the program”
A full Pell Grant is worth $5,500 a year and never has to be repaid because it is a grant, not a loan. Football players get $5,500 each year to do with what they want.
Clothing Money
If a football player qualifies for a Pell Grant, they also get $500 of clothing allowance each year. My memory fails me, but I am almost certain this money is from the conference. Football players can buy whatever clothes they want as long as they bring back $500 worth of receipts to their Compliance department showing the clothes they bought. Now, many football players will spend this money on new Nike’s, hats, jeans or t–shirts. This money could be spent on buying a nice suit, or a few pairs of khaki pants and some button down shirts, but rarely is that the case.
Commissioner's like the Big 10's Jim Delaney talk about full cost scholarships, but remember that goes to every student-athlete on a full scholarship, not just football players.
Student-Athlete Opportunity Fund
According to Bylaw 15.01.6.2 in the NCAA Manual, each athletic department can use the student-athlete opportunity fund money for anything but financing salaries, scholarships (though paying for summer school is allowed, but a football player’s scholarship covers summer school), capital improvements, stipends, and outside athletic development. The NCAA gives each school a chunk of money each year…roughly $200,000 to help student-athletes out with whatever needs they may have deemed fit by the senior staff member in the athletic department in charge of the money. This money is not just for football, but the entire athletic department. Regardless, if a football player needs money to pay for gas, more new clothes, or a plane ride home, they can legally get money for that.
Special Assistance Fund
Football players also have access to a special assistance fund too. According to NCAA bylaw 16.12.2, money from the special assistance fund may be requested as additional financial aid (with no obligation to repay such aid) for special financial needs for student-athletes. I know one school used this fund to fly their basketball players home for the Christmas break. Completely within NCAA rules.
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