Counting Dollars and Cents NCAA DIVISION II & III FINANCIAL AID

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Counting Dollars and Cents Counting Dollars and Cents NCAA DIVISION II & III FINANCIAL NCAA DIVISION II & III FINANCIAL AID AID Maryann Dudas Seton Hill University Thomas Ball Grove City College

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Counting Dollars and Cents NCAA DIVISION II & III FINANCIAL AID. Maryann Dudas Seton Hill University Thomas Ball Grove City College. Overview. Division II Concepts & Regulations Division III Concepts & Regulations Questions. What Students to Evaluate? Counters. - PowerPoint PPT Presentation

Transcript of Counting Dollars and Cents NCAA DIVISION II & III FINANCIAL AID

Page 1: Counting Dollars and Cents NCAA DIVISION II  & III FINANCIAL  AID

Counting Dollars and CentsCounting Dollars and CentsNCAA DIVISION II & III FINANCIAL AIDNCAA DIVISION II & III FINANCIAL AID

Maryann Dudas

Seton Hill UniversityThomas Ball

Grove City College

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OverviewOverview

Division II Concepts & RegulationsDivision II Concepts & Regulations

Division III Concepts & RegulationsDivision III Concepts & Regulations

QuestionsQuestions

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What Students to Evaluate?Counters

Receives athletic aid; or

Receives outside aid with athletics as a major criteria

Recruited by an athletic coach See Bylaws 15.02.3 and 15.5.1 for Reference

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How much aid can a counter receive?

The institution's cost of attendance OR the requirements set by the division.

Generally, the individual limit is the value of a full grant-in-aid. Tuition Room & Board Fees (Mandatory + Average) Books - $400

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What is Included in the Individual Limit?

All institutional aid (scholarships, grants).NCAA Bylaw 15.02.4.1

Loans if there is no regular repayment schedule or loans not available to all students.

Other outside scholarships.

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What is Not Included in the Individual Limit?

Employment.

Exempted government and state grants.

Exempted academic awards.

Legitimate loans (repayment schedule, available to all students).

Tuition waivers with no athletics nexus.

Employee-dependent tuition benefits.

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How Much Aid Can a Team Receive?

Maximum equivalency limits.

Men’s sports limits are located in Bylaw 15.5.2.1.1.

Women’s sports limits are located in Bylaw 15.5.2.1.2.

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What Can Be Excluded from Team Limits?

Exempted institutional academic financial aid.

Bylaw 15.02.4.3

Exempted government grants.Bylaw 15.2.4

Outside grant, athletics participation not considered a major criterion.

Bylaw 15.2.5.3

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What is Exempted Academic Award?

New Freshman High School GPA => 3.5 SATS => 1140 (Verbal + Math) ACT sum score => 100 Class Rank => Top 20%

Returning Students Cumulative GPA => 3.30

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How is an Athlete’s Equivalency Calculated?

Actual amount of student-athlete's institutional

financial aid received.

Actual value of institution's full grant-in-aid.

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Brittany Sister is a student receiving a $4,000 institutional scholarship related to athletics and a $2,000 music scholarship.

Brittany’s full grant-in-aid is $10,000.

$6,000

$10,000 = .60

Example of Equivalency Computation - Actual Over Actual

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Multisport Participant

Qualifying as a multisport participant.

Report and participate fully in practice;

Participate, when qualified, in competition;

Member of squad for entire season; and

Earnestly recruited in the sport in which the aid is counting.

Bylaw 15.5.3.3

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Multisport Participant

Athletic related institutional aid.

Divide equally when financial aid agreement is silent; or

Divide as stated in financial aid agreement.

Nonathletic related institutional aid.

Same as above.Bylaws 15.5.3.1 and 15.5.3.2

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Multisport Participant Equivalency

Neil Cousin is a student receiving a $5,000 institutional scholarship related to athletics in football and baseball and a $2,000 music scholarship.

The full grant-in-aid is $10,000.$7,000

$10,000 = .70

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Multisport Participant EquivalencySilent Financial Aid Agreement

Football.

$2,500 athletics aid.

$1,000 music aid.

$ 3,500

$10,000 = .35

Baseball.

$2,500 athletics aid.

$1,000 music aid.

$ 3,500

$10,000 = .35

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Multisport Participant EquivalencySpecified Financial Aid Agreement

Football. (80%)

$4,000 athletics aid.

$1,600 music aid.

$5,600

$10,000 = .56

Baseball. (20%)

$1,000 athletics aid.

$400 music aid.

$1,400

$10,000 = .14

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Renewals and Nonrenewals On or before July 1. Must be in writing. Must be sent to a student-athlete who received

award during previous year and has remaining eligibility. This includes student-athletes who transfer to another institution or are graduating.

Must come from the institution's regular financial aid authority, not from athletics department.

Notice of hearing requirement.

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Resources at NCAA Division II

Compliance Assistant Internet (Cai).

www.ncaa.org

NCAA Division II Manual.

Membership services line.

317/917-6003.

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NCAA Division III Parameters for Financial Aid Packaging

Legislative Language: 15.4.1 Consistent Financial Aid Package. The composition of the financial aid package offered to a student-athlete shall be consistent with the established policy of the institution's financial aid office for all students and shall meet all of the following criteria: (1) A member institution shall not consider athletics leadership, ability, participation or performance as a criterion in the formulation of the financial aid package; (2) The financial aid procedures used for a student-athlete are the same as the existing official financial aid policies of the institution; (3) The financial aid package for a particular student-athlete cannot be clearly distinguishable from the general pattern of all financial aid for all recipients at the institution; and (4) The percentage of the total dollar value of institutionally administered grants awarded to student-athletes shall be closely equivalent to the percentage of student-athletes within the student body. A differential is defensible if it can be demonstrated that the average need of the student-athletes at the institution is equivalently greater than the average need of other students.

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Division III Reporting Requirement

15.4.1.1 Annual Electronic Report Effective Date: August 1, 2005:

An institution shall submit an annual electronic report which includes data regarding the financial aid packages awarded

by the institution to freshman and incoming transfer student-athletes and to other incoming students. The policies and procedures of the financial aid reporting process shall be

established by the Financial Aid Committee and subject to approval by the Management Council. (Adopted: 1/12/04

effective 8/1/05 revised 4/14/08)

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NCAA Division III Reporting Steps

Assemble the list of students Assemble the data required for the report Align the data in the correct format Submit the data on the Division III reporting web site as

directed by the NCAA Review preliminary report and correct errors Submit final data Receive final results

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Student Cohort

All full-time, first time students entering the institution in the academic year requested

Includes athletes, non-athletes, international students, students who did not receive a financial aid award

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Data Required

Unique ID Sport (up to 3) Cost of Attendance Expected Family Contribution Financial Need Federal Pell Grant SEOG State Grant Gift Aid Institutional Gift Aid Private Outside Gift Aid Other Gift Aid (tuition benefits or VA benefits, SMART or ACG

Grants Federal or State Work Study (1 if offered, 2 if not) Campus Employment (1 if offered, 2 if not)

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Correct Format

Tab Delimited Flat file with a .txt suffix

No column headings Can be converted from an Excel

Spreadsheet

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Correct Format Example

1234567890 37725 0 0 0 0 6000 0 0 1 22345678901 WVB 37865 8600 29265 4000 2000 0 18600 0 0 2 23456789012 38815 4625 34190 1150 2000 0 26375 0 0 2 14567890123 38504 9935 28569 0 0 0 23904 2000 0 1 25678901234 MSO MLA 37655 23194 14461 0 0 1686 3210 0 5400 1 26789012345 MFB 37655 38007 0 0 0 0 7500 0 0 2 27890123456 37725 9822 28903 0 0 500 24863 0 0 2 28901234567 37725 8311 29414 4000 0 0 19749 500 0 2 19012345678 WSB 38215 4780 33435 950 2000 0 24820 2000 0 1 2

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Submit Data/Correct Errors

Log In to the NCAA Division III Reporting Website at https://web1.ncaa.org/d3fadms/exec/login using the account information provided by the NCAA

Click the Upload link in the Account Links Section You will be prompted for a file name Select the data file to be uploaded and click “Upload” The data will be accepted or an error report will

generate Formatting errors Missing information Column titles still present

If accepted, an interim school profile can be generated for your review

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Final Submission/Result

After errors are corrected and a new file is created: Access NCAA Division III Reporting Web Site Again Click on the Final Submission Link You will be asked to update the institutional profile You will be prompted for a file name Select the file name and click “Upload” After the data is processed by the NCAA, you will be

notified when the reports are available After the data is reviewed, the President, the Athletic

Director, and the Director of Financial Aid will receive a letter that will indicate if any further action is necessary

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Resources at NCAA Division III

NCAA Division III Manual NCAA Division III Reporting User’s

Manual Contact Eric Hartrung at

317-917-6306 [email protected]

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Questions???Questions???

Thank you very much for participating!