http://www.usatoday.com/story/sports/col.../21921073/
The vote, taken during the NCAA's annual convention, redefines an athletic scholarship so that it can cover not only the traditional tuition, room, board, books and fees, but also the incidental costs of attending college. That means a scholarship will now be able to pay for items including transportation and miscellaneous personal expenses.
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The single "No" vote on COA was Boston College, according to a record of the electronic voting provided by the NCAA. BC released a statement late Saturday that said, in part, the school "is concerned with continuing to pass legislation that increases expenses when the vast majority of schools are already institutionally subsidized. The consequence of such legislation could ultimately hurt student-athletes if/when programs are cut. This legislation further segregates student-athletes from the general student population by increasing aid without need-based consideration. Legislation already exists for student-athletes in need through Pell grants and the student-assistance fund."
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Also Saturday, the schools and athlete reps voted to:
--- Allow athletes to borrow against future earnings to purchase so-called loss-of-value insurance – policies that can help athletes if an injury while playing college sports results in an athlete getting less money from a professional contract than they might have otherwise gotten.
-- Approve a resolution under which they pledge to, within the next two years, approve rules changes that would regulate time demands on athletes "to ensure an appropriate balance between athletics participation and the academic obligations and opportunities presented to students generally." Other changes to be addressed include those related to athletes' access to career-related insurance and interaction with agents.
The new rules take effect Aug. 1, 2015, but scholarship agreements for the 2015-16 school year can be executed prior to that date.
In court filings in the Ed O'Bannon antitrust lawsuit, the NCAA has indicated that, nationally, there is an average difference of about $2,500 between the value of a current athletic scholarship and the value of an athletic scholarship based on cost of attendance.
Just with the 65 schools in the autonomy conferences and figuring schools would pay for at least around 200 athletes (85 football players, 13 men's basketball players and an proportionate amount of women), the starting total would be $32.5 million.The belief is other Division I schools would at least pay for men's and women's basketball which could bringing the total to $51.9 million.
As under the current system, that could mean cash into some athletes pockets. Currently, for instance, an athlete living off-campus can get a housing stipend based on the school's dormitory costs; if the athlete's actual living arrangement costs less, they can keep the difference, said ACC senior associate commissioner for internal affairs Brad Hostetter.