07-16-2009 02:42 PM

DI Financial Aid Cabinet ponders counters

The Division I Financial Aid Cabinet is considering a change in the way need-based aid factors into institutional totals as part of a comprehensive review of the division’s financial aid bylaws.

Charged by the Division I Board of Directors with reviewing NCAA legislation for potential cost savings while also enhancing student-athlete well-being, cabinet members are exploring changes in the way need-based aid is tallied – perhaps allowing student-athletes to accept either institutional or athletics aid, whichever is greater, without negatively affecting team totals. In September, the group will look at how that concept and others would work legislatively and begin generating membership discussion with an eye toward crafting legislative proposals within the next year.

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