Understanding NCAA Division I Athletic Financial Aid
Learn about NCAA Division I athletic financial aid, including who can receive it, how it is administered, renewal/cancellation processes, appeals, and best practices. Discover what athletically-related aid entails, eligibility criteria, academic requirements, and more.
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Presentation Transcript
NCAA DIVISION I FINANCIAL AID Carol Bonner Carol Bonner Athletic Certification Specialist Robert Morris University
WHAT WELL TALK ABOUT Athletic Grant-in-Aid Who can receive the aid When/how the aid is administered Renewal/Reduction/Cancellation Appeals process Best Practices
WHAT IS ATHLETIC AID? The NCAA has legislation about all aid that is athletically-related There is outside aid that can be athletically-related Student-athlete aid must stay consistent with regular student aid
A LITTLE MORE ABOUT IT Athletically related financial aid can be awarded up to the value of a full grant-in-aid Tuition, Fees, Room, Board and Books Other aid can be awarded up the cost of attendance Can be awarded in full scholarship or partial amounts
WHO CAN RECEIVE THE AID? NCAA legislation will dictate who is eligible to receive the aid This information typically comes from your Athletics Compliance office There are team scholarship limits that the campus liaison must be aware of; typically only impacts the financial aid authority if changes need to be made
WHO CAN RECEIVE THE AID? NCAA regulations differ from federal aid regulations when it comes to aid eligibility Generally speaking, it is the responsibility of the liaison to notify the financial aid authority of eligibility Examples of ineligibility would be: Transfer student-athlete not meeting applicable requirements NCAA Non-Qualifier status
ACADEMIC ELIGIBILITY FOR AID Once a student-athlete is eligible for the aid, they typically keep the aid If a student-athlete is not making satisfactory academic progress at the institution, their athletic aid is unaffected They only lose the aid if a coach decides to not renew, cancel or reduce the aid
WHEN IS THE AID ADMINISTERED? Typically, athletic scholarships are one-year agreements The NCAA recently allowed four-year grants It is important to ensure that a student-athlete is eligible to receive the aid, especially at the beginning of the school year
RENEWALS AND NON-RENEWALS Scholarships must be renewed each year Each scholarship must be presented in writing and approved by the financial aid authority responsible for it Student-Athletes must be notified of renewal, reduction or non-renewal by July 1st There is the right to an appeal Financial aid authority must notify the individual
CANCELLATIONS, REDUCTIONS AND NON- RENEWALS Scholarship cancellation and/or reduction during the academic year has different criteria from a non- renewal Student-athletes must be notified in writing in all cases and be given a deadline to request a hearing The student-athlete must also be notified of the established appeals policies and procedures
APPEALS PROCESS It is the responsibility of a committee outside of the athletic department to hear the appeals The financial aid authority is typically in charge of running the appeal meeting Each campus is different-find out what works for yours
BEST PRACTICES Keep an open line of communication between the financial aid authority and the campus liaison Have a solid appeals process Educate yourself Ask before you act
