UAB Blazers

Hello There, Guest! (LoginRegister)

Post Reply 
USA Today: NCAA issues cash payouts but will monitor how they're spent
Author Message
WesternBlazer Offline
Hall of Famer
*

Posts: 22,158
Joined: Jan 2008
Reputation: 90
I Root For: UAB
Location:
Post: #1
USA Today: NCAA issues cash payouts but will monitor how they're spent
http://www.usatoday.com/story/sports/col.../99582450/

Conference USA East Carolina University 239.25 $ 787,417
Conference USA Florida Atlantic University 190.05 $ 625,491
Conference USA Florida International University 213.10 $ 701,353
Conference USA Louisiana Tech University 185.54 $ 610,648
Conference USA Marshall University 212.06 $ 697,930
Conference USA Middle Tennessee State University 225.53 $ 742,262
Conference USA Old Dominion University 230.52 $ 758,685
Conference USA Rice University 207.08 $ 681,540
Conference USA The University of Southern Mississippi 204.23 $ 672,160
Conference USA Tulane University 186.14 $ 612,622
Conference USA University of Alabama at Birmingham 225.48 $ 742,098
Conference USA University of North Carolina, Charlotte 176.92 $ 582,277
Conference USA University of North Texas 202.27 $ 665,709
Conference USA University of Texas at El Paso 204.58 $ 673,312
Conference USA University of Texas at San Antonio 216.31 $ 711,917
Conference USA University of Tulsa 243.77 $ 802,294
Conference USA 3,362.83 $ 11,067,715
(This post was last modified: 03-24-2017 05:02 PM by blazerjay.)
03-24-2017 02:14 PM
Find all posts by this user Quote this message in a reply
Advertisement


blazerjay Offline
Moderator
*

Posts: 8,978
Joined: Jan 2004
Reputation: 120
I Root For: UAB
Location:

Donators
Post: #2
RE: USA Today: NCAA issues cash payouts but will monitor how they're spent
Quote:Under a plan approved a year ago by the NCAA Board of Governors and the Division I Board of Directors, the amounts are based on the number of athletic scholarships the schools provided during the 2013-14 school year. Schools received credit for one scholarship for every set of partial awards that added up to the equivalent of a full scholarship.

Quote:Schools will face restrictions on how they can use the money, which is coming from the liquidation of a type of endowment that had grown to more $360 million. The money is to be put toward “the direct benefit of the student-athlete and their academic success, life skills, career success, health and safety and student-athlete focused diversity and inclusion initiatives,” according the Q&A document. The money cannot be used for items such as coaches’ salaries, strength equipment, and stadium or arena improvements aimed at fans.

Each school will have to provide the NCAA office with answers to a 48-item spending plan questionnaire within three months of receiving the money, and the plan will have to be approved by NCAA staff before any of the money can be spent. Schools will be subject to random audits of their use of the money, and the spending plan questionnaire advises schools that supporting “documents should be retained for a 10 year period … which may exceed your institution’s current document retention policy.”
03-24-2017 05:03 PM
Find all posts by this user Quote this message in a reply
blazerwkr Offline
Heisman
*

Posts: 7,037
Joined: Nov 2007
Reputation: 45
I Root For: UAB
Location: Island of Misfits

BlazerTalk Award
Post: #3
RE: USA Today: NCAA issues cash payouts but will monitor how they're spent
So how are we using that money since we had to tell the NCAA how we were going to be using it?
03-24-2017 06:49 PM
Find all posts by this user Quote this message in a reply
Advertisement


iam4uab Offline
All American
*

Posts: 4,702
Joined: Jul 2007
Reputation: 45
I Root For: UAB
Location: Wilmington, NC
Post: #4
RE: USA Today: NCAA issues cash payouts but will monitor how they're spent
(03-24-2017 06:49 PM)blazerwkr Wrote:  So how are we using that money since we had to tell the NCAA how we were going to be using it?

We needed a fruits and veggies budget didn't we?
03-24-2017 07:04 PM
Find all posts by this user Quote this message in a reply
WesternBlazer Offline
Hall of Famer
*

Posts: 22,158
Joined: Jan 2008
Reputation: 90
I Root For: UAB
Location:
Post: #5
RE: USA Today: NCAA issues cash payouts but will monitor how they're spent
Hopefully we were already planning to do things that meet the funding criteria. In that case that budgeted money can be used for something else. I also doubt this(the money) is a surprise to schools' athletic departments.
03-24-2017 07:27 PM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.