Primarily need-based awards, student grants describe the financial aid emanating from foundations, corporations, governments or specific higher educational institutions one might attend. On the whole, these funds target completion of precise scholastic goals directly or conversely accord indirect support for the same endeavor. None of which obliges reimbursement. Seemingly countless reasons exist for the issuance of grant money, including starting a business based upon one’s education, medical research to engender new treatments for disease and even providing funds for a place to live during one’s academic tenure. Fueled by government granted funds, several success stories have witnessed the development of the microchip, the Internet, and the Bar Code just to name a few. While they ostensibly serve as free money for college with no strings attached, there nevertheless appears considerable misunderstanding regarding their availability in general.
A widely publicized report from
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A great deal like its grant counterpart, the award does not require remuneration in any case. Combined with other forms of financial aid, that represents a real boon to students. Traditionally, scholarships have centered on achievement through athletic, academic or an artistic ability where high visibility inevitably creates a competitive marketplace and winners typically secure the valuable prize. As an illustration, what might the financial value of a full-ride athletic scholarship to Northwestern University in the north or the University of Miami in the south entail? In sports like football, the summation of cost equivalences for tuition, books, lodging, meals and other incidentals could easily surpass $300,000 and approach $400,000 over five years. Be that as it may, not all scholarships base themselves around achievement
$9,139 is the average cost of college for a student to go attend an in-state four year public university (“College Costs”). This amount does not include housing, food, books, or supplies; this can end up totaling near $10,000, but imagine if both of these figures were paid for you. This would mean you would pay nothing to attend a four year college, and this is the reality for many individuals today; these people are commonly known as student-athletes. Many student-athletes receive full scholarships to schools covering their room, board, tuition, books and any other expenses they may incur because they are playing a sport at the institution. Not to mention many of these individuals will receive stipends to use at their own will. However, these same students feel like these benefits are not enough (“Here’s”). Some students feel like they are being cheated out of their talents because NCAA uses them in media and in other profitable ventures but they are not paid. Others just feel that the role of a college athlete should include receiving payment since they are like professional athletes and see their sport as their only profession. Student- athletes may have a similar role to professional athletes, but do not deserve the same compensation because they are receiving their payment through a school scholarship.
As of May 29, 2004 “the NCAA and the U.S. Department of Defense are embarking on a landmark $30 million initiative to enhance the study of student-athletes and service members” (ncaa.org). Beside all the money that the NCAA gives to different studies they also award scholarships and grants. “The NCAA awards more than $10 million in scholarships and grants annually to student-athletes and member institution, in addition to the $2.4 billion allocated to schools to fund athletics scholarships” ( NCAA.org). They are also providing $15 million in grant money over the next three years to fund a joint initiative with the U.S. Department of Defense. The NCAA has been giving scholarship since 1964 to help college athletes pursue additional education opportunities. Some of the scholarships are Jim McKay, Walter Byers Postgraduate and Ethnic Minority and Women’s Enhancement Postgraduate. There are a lot of
They house you, feed you, clothe you, educate you, give you a living stipend, and you get to travel the world. These opportunities are priceless”. Most scholarships to universities provide you with every necessity, if not more, so what else could you possibly need? The athletes obtain their compensation with the benefits they already received from the scholarship, so allowing the players to be paid more than what the scholarship contributes may lead to mismanagement and the students trying to negotiate separate deals with the NCAA.
(Something) There have been multiple proposals that find a medium to both sides of the argument, the most favorable being, that after the athletes has completed their four years of college eligibility they are compensated according to their time spent at the university. Although, there is two requirements that must be met. First, the athlete must remain eligible and keep their scholarship during their time at the university. Second, they must use the compensation money for “educational purposes” such as grad school or paying off debt.
These scholarships give these athletes everything that they need and much more. Getting paid by the college would defeat the purpose of the scholarship; so the scholarships will be taken away and then the athletes will be left alone dealing with their own money which could prove to be difficult for most of them to manage along with school work and practices. They have everything that they need right in front of them provided for the most part by the school and sports administration department.
“They need to have some real money to walk around with that they can live off of.” Student athletes are not allowed to work much under NCAA regulations, and those who are in favor of paying them often point to that rule as a reason college athletes need money. But that reason isn’t enough for all coaches to share O’Brien’s views toward paying student athletes. Wrestling coach Russ Hellickson answered the same question: Should student athletes be paid? He came up with a very different response. “No, but they should be able to get what, say, a Presidential Scholar gets,” he said in an e-mail. “This should be an educational experience.” Presidential Scholars receive full in-state tuition, room and board, book allowances and miscellaneous expenses — a total that OSU media relations estimates to be $12,483 per year for in-state students. That is nearly $2,000 more than an in-state athlete receives, even if they are awarded a full scholarship. Most of that $2,000 falls under the category of miscellaneous expenses, something athletes do not receive money for. The extra scholarship money is to be used for “athletic tickets, book costs, bus passes; anything that students need for living,” said Amy Murray, OSU spokeswoman. Some coaches are in favor of keeping things exactly as they are, without raising scholarship levels. Softball coach Linda Kalafatis said she did not feel well
Johnson states ‘’A full-ride scholarship—a free education—is an invaluable experience’’ (Johnson), what about if that doesn’t include food, or clothes who covers that? This is a debatably topic, because they bring in so much but get nothing, or do they with the education? ‘’An athlete cannot run with money in his pockets. He must run with hope in his heart and dreams in his head’’ a quote from a woman named Emil Zatopek (BrainyQuotes). Which is completely true, when a kid starts playing the game they love, the dream is to go pro.
Whether or not student-athletes should be paid has been a hotly debated topic since the 1900s. College athletes spend just as much time, if not more time, practicing and devoting time and energy to sports as they do academics. For this, many athletes are rewarded with scholarship money. However, many people believe it is not enough. Should we pay student-athletes a slice of the wealth or is a full-ride scholarship enough? (Business Insider). What if the athlete gets injured? Where does the money come out of to support each athlete’s salary? The huge amount of money being generated from college sports has led some people to think that the athletes are entitled to some of that revenue. While, some think that student-athletes should be paid, others disagree for various reasons.
People are debating many controversial issues around the world today. One controversial issue is whether or not college athletes should be paid or not. Many argue college athletes should be paid although others argue why they should not be paid. Some people believe that a scholarship should be enough payment. A scholarship can be worth $15,000 - $25,000 or more per year, plus millions if the athlete goes on to play in professional leagues. Student athletes also receive all kinds of benefits while they are in college, like staying at fancy hotels, living in the best residence halls, being seen on national television, and all of the popularity that goes with being a star athlete. It’s hard to put a price tag on all of that. I believe student
By only increasing the value of athletes’ scholarships you maintain the integrity of the game while not putting too much extra financial stress on schools. This extra cash also allows athletes to truly and fully have their college expenses taken care of.
The average college scholarship is worth about $25,000 dollars a year which is about $100,000 dollars for a student to go to school for all four year they are eligible(Hartnett). That is a good amount of money but lets face it, rarely does any college athlete stay for their entire four years eligibility. A $25,000 dollar scholarship might seem like a lot of money, but it really only covers basics. It covers thousands of dollars in mysterious, unknown university fees, tuition, housing, a meal-plan and multiple hundred-dollar textbooks. Some players, if they come from a low-income household, get a few hundred dollars each semester from Pell Grants which
Although college sports is not a real job, they should still get paid. Let’s look at how much a scholarship is actually worth. On average, The average athletic scholarship is about $10,400. That's 41,600 over four years! According to the College Board, the average cost of tuition and fees for the 2016–2017 school year was $24,930 for out-of-state
Most student-athletes playing a sport in college are there on an athletic scholarship. The scholarship is granted to them by their respective schools and is worth anywhere from $50,000 to $200,000. According to Edelman, the football program alone at University of Alabama brought in roughly 143.3 million dollars of revenue. In perspective, that’s about 2 million per player. Even though Alabama is an elite program and brings in more than the average football program, the NCAA brought in nearly $845 billion in 2011 per Sonny. Now it is obvious there many ways a university brings in revenue, but it is safe to say that a player is worth more than that $100,000 scholarship. In fact, a substantial share of college sports’ revenues stay in the hands of a select few administrators, athletic directors, and coaches. Now think about what college athletics would be without the world class athletes it has today, or without any athletes at all. If a school didn’t “award” athletes these scholarships, there would be
College scholarships, the attraction of every devoted sports player out there. Earning scholarships brings players together not only to step up their game, but to be enthusiastic about exceeding their academic goals. Colleges put down an amount of money to attract top athletes from high schools all over their state. Athletic meaning all sports, like golf, fencing, and water polo. Tons of schools and families support the aid colleges grant in their athletic scholarship programs, while others are against it, saying that it has too few people who are accepted and that it takes away money that everyone else has to pay for their classes. They don’t realize that players will be encouraged to do great academically, so that they may do great
Hurst and J. Grier Pressly III offered a solution to the problem of a lack of financial compensation. By incorporating the money into the scholarship fund, the school or player will not be tax. A nominal monetary amount of $30 to $50 every month “would allow to address concerns facing the average college student, such as being able to afford social events or a bus ticket home for a family emergency” (Haden 680). After this monetary benefit, one might believe this may cause issues of price-fixing. In reality, “incorporating the money directly into the scholarship package, the universities would not be participating in price-fixing, an antitrust violation, because universities are free to structure the contents of their individual scholarship packages” (Haden