FSU making plans to improve student-athlete behavior

[Swimkidsdad]

The Following is from Virginia Tech:

VT will pay COA of about $2,500 per year, for basic living expenses, such as laundry, travel, entertainment. (Updated 4/10/15 – the number is actually going to be $3,280 for in-state student-athletes and $3,620 for out of state student athletes – click here).

COA amount is determined by federally-created guidelines that calculate the full cost of attending a university. All schools’ COA will be based on the federal guidelines.

VT is not allowed to pay more than the $2,500 sum, calculated per the federal guidelines.

VT’s COA payout of $2,500 puts it “middle of the pack” in the ACC, per Whit Babcock.

All scholarship athletes in all sports at Virginia Tech will receive COA.
Athletes on partial scholarship will receive a share in proportion with their scholarship (75% scholarship athlete will receive 75% of COA).

VT has 195 athletes on full scholarship and 196 on partial scholarship.

COA will cost Virginia Tech about $900,000 per year.

Tech’s athletic scholarships for 2014-15 cost $12.2 million. The $900k will be in addition to the $12.2 million next year, plus whatever increases occur in tuition, fees, etc.

Tech’s athletic expenses in 2013-14 (most recent available numbers) were $73 million.

VT has cash reserves to cover initial COA expenses, but long-term, the Hokie Club will be tasked with raising the extra $900k.

Student athletic fees will not be increased.

Auburn has announced that they will pay $2 million for COA increases indicating that they will pay the COA for all equivalent athletes.