Transcript September Rules Ed - Villanova Wildcats

Villanova University Compliance
Agenda
 Review Financial Aid Legislation
 Newsworthy Interpretations
 Compliance Office Procedure Updates
2010-62

Exempted Institutional financial aid – Federal
need-based financial aid
 Federal government grants awarded based on a
student’s demonstrated financial need are considered
exempted institutional financial aid and are not counted
in determining the institution’s financial aid limitations,
regardless of whether the institution is responsible for
selecting the recipient or determining the amount of
aid, or providing matching or supplementary funds for a
previously determined recipient.
Example
Old way
New way
 Athletic Aid = $10,000
 Athletic Aid = $10,000
 VU Grant
 VU Grant
= $20,000
 Pell Grant = $5,550
 SEOG
= $1,500
 Total that counts against your
sport = $31,550
= $20,000
 Pell Grant = $5,550
 SEOG
= $1,500
 Total that counts against your
sport = $30,000
2010-63
 Exempted institutional financial aid – state need-
based financial aid
 State government grants awarded based on a
student’s demonstrated financial need,
regardless of whether the institution is
responsible for selecting the recipient or
determining the amount of aid or providing
matching or supplementary funds for a
previously determined recipient is not included
in the institution's financial aid limitations.
Example
Old way
New Way
 Athletic Aid = $10,000
 Athletic Aid = $10,000
 VU Grant
 VU Grant
= $20,000
 PHEAA/STATE
= $1,500
 Total that counts against your
sport = $31,500
= $20,000
 PHEAA/STATE
= $1,500
 Total that counts against your
sport = $30,000
This aid is not exempt in determining a student-athlete’s counter status for
football or basketball varsity competition legislation.
It must be administered in accordance with the federal methodology for
determining a student's financial need, i.e. the total cannot exceed need.
2010-64
 Exempted institutional financial aid- state merit based
financial aid
 State government merit-based grants are considered
exempted institutional financial aid and are not counted in
determining the institutions' financial aid limitations
regardless of whether the institution is responsible for
selecting the recipient or determining the amount of aid, or
providing matching or supplementary funds for a previouslydetermined recipient, provided the aid is awarded consistent
with the criteria of the legislative requirements of an
academic honor award or institutional academic scholarship
and has no relationship to athletics ability;
2010-65
 Definition of recruited student-athlete for purposes of
Bylaw 15 – Financial Aid
 Was provided an official visit
 Had an arranged, in-person
 Was issued an NLI or written offer of aid.
 Notice – Phone calls are no longer tied to Financial Aid.
2010-67 Exempted Government
Grants
 To exempt benefits received by student-athletes under
the Post-9/11 G.I. Bill, including aid from Veteran
Affairs and the Yellow Ribbon G.I. Program, from
counting toward a student-athlete’s individual limit or
the institution’s financial aid limit
2010-67 Exempted Government
Grants
 Villanova Athletics Grant = $4,000
 Yellow Ribbon VA Benefits = $2,000
 Villanova Matching Yellow Ribbon VA Benefit = $2,000
 What counts against the student limit and the sport
limit?
 $6,000 – The athletic grant and the Villanova
Matching Contribution because both are VU funds
2010-69-B
 Financial Aid from an established and continuing
program
 To specify that a student-athlete may receive financial
aid through an established and continuing program to
aid students provided:


The recipient’s choice of institutions is not restricted by the
donor of the aid
There is not a direct connection between the donor and the
student-athlete’s institution
2010-70
 Exception for aid in the summer
 A student-athlete who had not received athletically
related aid from the certifying institution during a
previous academic year may receive athletically related
financial aid to attend summer school, provided the
student-athlete has been awarded athletic aid for the
following academic year and the aid awarded in the
summer is in proportion to the aid awarded for the next
academic year.
 Immediate
2010-71
 Exception to one year period of award for graduates
 A student-athlete who graduated during the previous
academic year (including summer) and will exhaust his
or her athletics eligibility during the following fall term
may be awarded athletic aid for less than one academic
year.
2010-72
 Reduction or cancelation of financial aid – release of
athletic aid
 Before becoming a counter, if a PSA is awarded
institutional financial aid unrelated to athletics that is of
equal or greater value than his or her signed award of
athletically related financial aid, the PSA or SA may, on
his or her initiative, release the institution of its
obligation to provide the athletic aid.
2010-73
 Required GPA for exemptions of counter status and
countable institutional aid
 In order to exempt institutional financial aid that is
awarded to transfer students (or renewals for current
students) based solely on the recipient’s academic
record at the certifying institution, the gpa must be a
3.00.
 Also reduces the gpa for “institutional academic aid
only” for football and basketball
2010-75
 Grant-in-aid limitations-Equivalency computations-
calculation of books
 To increase the financial aid equivalency figure for
calculation purposes for books from $400 to $800.
 EFFECTIVE AUGUST 1, 2012
Financial Aid - Books
Old way
New Way
 Soccer Aid= $ 10,000
 Soccer Aid = $10,000
 Books = $400
 Books = $800
 Fees = $580
 Fees = $580
 Total = $10,980
 Total = $11,380
 Freshmen Cost = $52,640
 Freshmen Cost = $52,640
 =20%
 =21%
2010-78
 Football limitations – Counters – Midyear
Replacement
 In football, to specify that an initial counter who
replaces a midyear graduate may be counted against the
initial limit for the year in which the aid is awarded (if
the institution’s annual limit has not been reached ) or
for the following academic year
New Interpretations
PSA Observing Practices &
Meetings
 PSA Observing Practices and Meetings
 Coaches cannot engage in practice activities with a PSA,
however this does not preclude a PSA from only
observing an institution’s on-field or on-court practice
sessions (including those closed to the general public),
regardless of whether he or she has signed a NLI or given
a deposit. PSA’s may NOT observe off-field or off-court
practice sessions (meetings, film review) that are closed
to the general public if they have signed a NLI or made a
deposit.
Post Up is a senior in high school and signed a NLI with College
USA in November. Post is a finalist for a few awards, but he
needs a few letters of recommendations for the awards
committee to review. Post asks the Head Men’s Basketball
Coach at College USA to write a letter of recommendation for
him. Is this permissible?
 NO. 13.2.1 (offers and inducements) and 13.10.2
(comments prior to signing) would preclude an
institution’s coach from writing a letter of
recommendation on behalf of a PSA
Alumna or Alumnus Participating in
Occasional Practice Session with Former
Institution’s Team
 It is permissible for an alumna or alumnus of an
institution (former student-athlete) to participate in
an occasional practice session with a member
institution’s intercollegiate athletics team, provided
the institution does not publicize the participation of
the former student-athlete in the practice session.
The softball coach at Ocean State University is very interested in Force Out, a junior
prospect in high school. The coach wants to make sure Force knows how interested she
is, so she sends an email to Force’s high school coach indicating that Force will be
offered a full scholarship to attend Ocean State University. Is it permissible to send such
an email to Force’s high school coach?
 NO. Indirect Written Offer of Aid Before Signing
Date.
 Prior to August 1 of a PSA’s senior year in high school,
it is not permissible for an institution to indirectly
(through relatives, friends, coach, anyone responsible
for directing an activity in which a PSA is involved)
provide a written offer of athletically related financial
aid or indicate in writing to the PSA that a grant will be
offered.
Updates!
 www.villanova.com/forms
 All have been updated in Adobe.
 You may save/print/email these forms.
 If you have issues, call Katie.
New Policy for Entertainment Money on
Official Visits
 In order to receive any entertainment money for
official visits:
 Itineraries need to handed in and approved.
 Any activities (movies, bowling, going to the mall, pizza)
that require use of the entertainment money will need
to be on the itinerary.
 All activities need to be arranged = on the itinerary.
 Advancement Request will need to indicate you are
using the money for official visit entertainment.
Have a great day!