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re: How much monthly allowance does a student athlete receive?
Posted on 3/27/14 at 11:53 pm to BlueIndian420
Posted on 3/27/14 at 11:53 pm to BlueIndian420
quote:
How much monthly allowance does a student athlete receive?
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The typical non-freshman Arkansas football player received the cash listed below in 2010-11:
$5,500- Pell Grant
$500- Clothing Fund
$8,024- Fall and Spring Room and Board
$3,016- Summer Room and Board
$17,040- Grand Total
This excludes any money from the Student-Athlete Opportunity Fund, the Special Assistance Fund, and any occasional meals provided by boosters.
Monthly, football players are looking at $1,420 cash in their pocket without having to buy books or pay tuition and fees.
Pell Grant
A full Pell Grant is worth $5,500 a year and never has to be repaid because it is a grant, not a loan. Football players get $5,500 each year to do with what they want.
Clothing Money
If a football player qualifies for a Pell Grant, they also get $500 of clothing allowance each year.
Student-Athlete Opportunity Fund
According to Bylaw 15.01.6.2 in the NCAA Manual, each athletic department can use the student-athlete opportunity fund money for anything but financing salaries. The NCAA gives each school a chunk of money each year…roughly $200,000 to help student-athletes out with whatever needs they may have deemed fit by the senior staff member in the athletic department in charge of the money.
Special Assistance Fund
According to NCAA bylaw 16.12.2, money from the special assistance fund may be requested as additional financial aid (with no obligation to repay such aid) for special financial needs for student-athletes. I know one school used this fund to fly their basketball players home for the Christmas break. Completely within NCAA rules.
Room and Board
For Arkansas, it is $4,021 for each fall and spring semester based off of this figure. A total of $8,024 for both semesters. Almost all scholarship football players stay in town for summer school to take care of their academics and workout. Arkansas has 16-week fall and spring semesters. The two summer sessions are a total of 12 weeks. Using that logic, Arkansas football players get 75% (12 weeks instead of 16) of $4,021, which is $3,016.
Occasional Meal
NCAA Bylaw 16.11.1.5 allows for a student-athlete or an entire team in a sport to have an occasional meal paid for by a representative of athletics interest, also known as a booster, on infrequent and special occasions.
Posted on 3/28/14 at 12:01 am to Tammany Tom
What does a typical student pay for a cell phone, service, and a laptop?
Posted on 3/28/14 at 12:03 am to Tammany Tom
quote:
$17,040- Grand Total
Someone can do the math to figure out how much money a person would have to earn to have this amount take home after taxes.
$8 an hour, 40 hours a week, for a year equates to $16,640 before taxes.
So the athlete is actually "paid" quite well, especially when you consider the other students who have these jobs the athlete "can't work" would have to work 40 hours a week every week of the year to make less than the athlete is "given". The athlete also has their school schedule work with and around their "work" schedule, while the other students can have conflicts between the two.
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