The financial aid process works the same for prospective athletes as it does for all other prospective students; it is the scholarship process that differs. Prospective athletes, like prospective academic scholarship candidates, need to determine what each university is likely to offer. Division III schools do not offer athletic scholarships. Division I and II institutions may offer full or partial scholarships and the remaining balance is what a student may need additional financial aid to cover. Recent (2012) NCAA policies require university athletic departments to clearly explain scholarship amounts and duration. As with all money matters, families need to understand the process and ask a lot of questions before making a final decision.
There are two types of financial aid for prospective athletes (and for anyone else, for that matter): need-based aid, and merit-based aid.
They can get an academic or, depending on the college, an athletic scholarship. Be sure to join the NCAA Clearinghouse so qualify. There are also private athletic scholarships students can qualify for, and the list is endless.
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