(10-29-2014 01:24 AM)perimeterpost Wrote: this won't effect the MAC's ability to get 4 and 5 star recruits because they never get those, but where this is going to hurt is with the 3 star recruits that the MAC occasionally gets over P5 schools. As a 3 star recruit what do you, take $2,500 from a MAC school or $10,000 from a P5 school? Now its no longer about playing time or right fit but now its only about economics. Fortunately for the P5 they negotiated an extra $900m over the 12 years of the playoff contract which will help them outspend the G5 with ease.
People need to really understand what is going on.
There are no $10k payouts.
Anything above the federally regulated COA is considered income. And schools are adamant that they won't do that.
I've been looking at school websites recently and I am amazed at how schools have raised their COAs from $2k (which seems apt to me, that's money for travel over 8 months and phone usage, small incidentals related to being away from home) to $4.5k. That's because of sports, but it applies to all students, and it weighs on financial aid packaging.
Anything above COA would be considered income.
Schools can't exceed the COA.
Even better, the kids who receive Pell Grants (lower middle class and poor students) receive absolutely no new money from these new rules. So, you don't simply multiply $4.5k x number of scholarship athletes. You have to subtract the number from those who already receive pell grants.
This is going to cause upheaval. For instance, at a time when we had the gov't sequester, I can tell you from being on a college campus that poor students were not receiving their pell grant money. If the rich and upper middle class students are receiving a $4.5k stipend while the poor kids have their pell grants withheld well into the semester, you're going to find wacky imbalances in this new system.