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Around $1.3 billion in athletic scholarship financial aid is awarded to student athletes annually. For the 2023–24 season, it had 241 member institutions, [3] of which two are in British Columbia, one in the U.S. Virgin Islands, and the rest in the continental United States, with over 83,000 student-athletes participating. [4]
In order to receive federal student financial aid, students must meet the following criteria: have maintained a Satisfactory Academic Progress (SAP); [1] [2] be a U.S. citizen, a U.S. national, or an eligible non-citizen; have a valid Social Security number; have a high school diploma or GED;
Federal Student Aid is also responsible for the development, distribution, and processing of the Free Application for Federal Student Aid (FAFSA), the fundamental qualifying form used for all federal student aid distribution programs, as well as for many state, regional, and private student aid programs. Each year Federal Student Aid's staff ...
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As of 2010, Bylaw 15.3.3.1. for Division I athletic programs differs little from the one-year rule invoked in 1973, as it reads, "If a student's athletics ability is considered in any degree in awarding financial aid, such aid shall neither be awarded for a period in excess of one academic year nor for a period less than one academic year."
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Intercollegiate sports began in the United States in 1852 when crews from Harvard and Yale universities met in a challenge race in the sport of rowing. [13] As rowing remained the preeminent sport in the country into the late-1800s, many of the initial debates about collegiate athletic eligibility and purpose were settled through organizations like the Rowing Association of American Colleges ...
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