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re: Operation Red Dog II
Posted on 2/15/13 at 3:55 pm to FlukerFlakes
Posted on 2/15/13 at 3:55 pm to FlukerFlakes
quote:
Pell Grants don't. Basically, the gov. just gives a $5k check to the player each year and he spends it on whatever he wants (a new Dodge Charger, new set of rims, etc.)
Not every player qualifies for the grant in whole or partially though.
Posted on 2/15/13 at 4:00 pm to NYCAuburn
quote:
Not every player qualifies for the grant in whole or partially though.
A hell of a lot do though.
"The Register's look into finances revealed that 1,064 football players at the 23 responding schools last year received a combined $4.7 million through Pell Grants, a federally funded program "that provides need-based grants to low-income students," according to the U.S. Department of Education.
That's an average of $4,442 per recipient beyond his full athletic scholarship, which includes tuition, room and board, and books."
23 responding schools
85 on scholarship at each
= 1955 total scholarshiped football players (of those interviewed)
1064 of those received Pell Grants in some form.
So, of the 23 schools interviewed, 1064/1955 = 54.4% of the players received Pell grants on top of their school's scholarship. And they averaged receiving $4400 per year!
This post was edited on 2/15/13 at 4:03 pm
Posted on 2/15/13 at 4:06 pm to NYCAuburn
Then there are things like Stafford loans and all sorts of other loans that people can get. The only people I ever knew that were denied student loans were people whose parents made too much money.
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