California Athletic Financial Aid Agreement
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How to fill out Athletic Financial Aid Agreement?
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FAQ
Policy. Purpose: A consortium agreement is a written contract that enables students to pursue coursework at two institutions simultaneously. Under such an agreement, a student may receive financial aid based on total hours of enrollment at both institutions.
An athletic scholarship is basically a yearly contract because it expires at the end of each school year and must be renewed.
Athletic Aid Agreements are Athletic Scholarship Contracts The actual scholarship contract is known as an Athletic Aid Agreement. This contract outlines how much your scholarship will be worth and covers what you must do in order to keep your scholarship.
They sign an agreement with the college or university in the form of a letter of intent, which is a binding agreement between the athlete and an institution. This agreement provides that in exchange for the athlete's services in their sport, they will have tuition, room and board, and books paid for by the institution.
You can lose your athletic scholarship due to injury or poor performance, but as long as you maintain your grades, you will keep your academic scholarship even if you are no longer playing.
The key issue is that the NCAA does not want schools providing additional money to athletes that is classified as financial aid for the purpose of bypassing their athletic budget limitations. Most other financial aid, given from sources outside of the school, is permissible to be combined with athletic scholarships.
Athletic-Grant-In-Aid: Financial Aid that consists of tuition, books, fees and room & board, note that transportation and miscellaneous are not included in this figure. Counter: An individual who is receiving institutional financial aid that is countable against the aid limitations in a sport.
year scholarship cannot be canceled, revoked or reduced due to athletic underperformance, like Bart's oneyear scholarship was. However, that does not mean that fouryear scholarships are a guarantee. Student athletes should be aware that all athletic scholarships can be canceled or reduced.
