Delaware Athletic Financial Aid Agreement

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State:
Multi-State
Control #:
US-1149BG
Format:
Word; 
Rich Text
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Description

Most athletes think a National Letter of Intent is your scholarship. That is not the case. The actual scholarship contract is known as an Athletic Aid Agreement. This contract outlines how much your scholarship will be worth and covers what you must do in order to keep your scholarship. Each school is slightly different, but this is an example of such an agreement.
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How to fill out Athletic Financial Aid Agreement?

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FAQ

A college education is the most rewarding benefit of the student-athlete experience. Full scholarships cover tuition and fees, room, board and course-related books. Most student-athletes who receive athletics scholarships receive an amount covering a portion of these costs.

The amount of athletic scholarship money available to you will likely impact the rest of your financial planning for school, which is where you may need to add in financial aid, and we'll discuss this process in depth later on.

A student-athlete may receive institutional financial aid based on athletics ability, outside financial aid for which athletics participation is a major criterion and educational expenses awarded up to the value of a full grant-in-aid, plus any other financial aid unrelated to athletics ability up to the cost-of-

Athletic Scholarships as ContractsAn athletic scholarship is basically a yearly contract because it expires at the end of each school year and must be renewed.

Athletic scholarships are entirely separate from other types of financial aid, as they are granted by the school's athletic department under the discretion of the coach. Athletic Scholarships By Division: Athletic scholarships are not offered in every collegiate division.

Also, filling out the FAFSA may work to your advantage since you may qualify for more financial aid than you thought. Even if you have a full athletic scholarship, it only covers the cost of tuition, some fees, room, board and your books. You'll still have to pay for your student fees, parking, snacks and late fees.

Athletic Aid Agreements are Athletic Scholarship Contracts The actual scholarship contract is known as an Athletic Aid Agreement. This contract outlines how much your scholarship will be worth and covers what you must do in order to keep your scholarship.

Purpose: A consortium agreement is a written contract that enables students to pursue coursework at two institutions simultaneously. Under such an agreement, a student may receive financial aid based on total hours of enrollment at both institutions. Schools are not required to enter into consortium agreements.

Athletic-Grant-In-Aid: Financial Aid that consists of tuition, books, fees and room & board, note that transportation and miscellaneous are not included in this figure. Counter: An individual who is receiving institutional financial aid that is countable against the aid limitations in a sport.

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Delaware Athletic Financial Aid Agreement