Athletic Scholarships 101
College Athletics Advisor Helps You Navigate the Entire Financial Aid Process
The “Full Ride”
A “full-ride” means the school pays for your entire education: tuition/room/board/books/fees etc. up to the full “cost of attendance” – this is the scholarship that goes to NCAA Division I "headcount" sports: football (FBS only)/ basketball/ women's volleyball, tennis, and gymnastics recruits.
Full-ride scholarships can include cash payments that cover "additional educationally related expenses." This can include travel to and from campus for the semester/quarter, computers/tablets/software, expenses related to study-abroad, etc.
In most sports, at most levels, an “athletic scholarship” is a partial payment, or discount towards tuition, room and board, or books. In the end, these partial or in NCAA parlance, “equivalency” scholarships are just one part of most family’s college cost/financial aid puzzle.
A four year degree is going to have a sticker price somewhere between $100,000 and $350,000 depending on the school. College Athletic Advisor can help you navigate through these huge (and often hugely deceiving) numbers and make your best college “fit” work for you financially as well!
Non-Scholarship Divisions & Conferences
In the Ivy League, NCAA Division III, and the Pioneer Football League (in the NCAA D1 FCS Division), athletes are not eligible to receive "athletically related financial aid." This DOES NOT MEAN THESE STUDENTS ARE NECESSARILY PAYING STICKER PRICE TUITION.
It does mean that colleges in these affiliations are discounting tuition ONLY in other ways. It is important to "speak the language" at these schools to best navigate your way to determining financial fit! Coaches at these schools are excellent resources when approached correctly.
One Year Renewable
Most athletic scholarships are technically “one year renewable” – different institutions and different programs/coaches have different policies and practices on how dependable that “renewability” is. It is important to do a little homework on that front and not just take one person’s word at face value. Most academic awards automatically renew each year, but you want to make sure you understand any program requirements that can impact that renewal!
The Latest NCAA Regulatory Changes
The biggest changes for the 2021-22 school year have been well documented.
- Name/Image/Likeness Reform: Student-athletes are now allowed to monetize their intellectual property rights just like any other college student. This means being paid for social media exposure, hosting camps/clinics, public speaking, appearances, and many other avenues. While there are press releases claiming student-athletes are making significant amounts of money, the median NIL income right now is $51. Build your community, share your expertise, and you DO have value.
- Caps on "educationally related expenses:" The Supreme Court eliminated the NCAA's regulations limiting educationally related expenses. The NCAA is in the process of reformulating rules to comply with the law as it is currently interpreted by the court.
- Initial Eligibility standards: The NCAA has extended the "covid waiver" of standardized testing for initial eligibility through 2024. Legislation to permanently remove these tests as a requirement for initial eligibility has already passed both the Division 1 and Division 2 Management Councils and awaits a confirmation vote at the next NCAA Convention in January 2023. Dive into the details here.