this year...
Unlike many rivals, ODU to hold off on paying stipends
long, long article, excerpt:
...after considering the issue since January, ODU has decided to wait a year, athletic director Wood Selig said.
"We've reached the conclusion that we're not going to do anything in 2015-2016," Selig said. "It's too big of an expense item. We've got to figure out how are we going to make it work financially first.
"There were no student athletes recruited to come to ODU this year with any cost-of-attendance commitment, or even any conversations about the cost of attendance. For next year, we're going to consider what others are doing and see what our revenue capacity is and try to make the largest contribution we can."
Offering the full cost of attendance - $2,975 per scholarship athlete - would cost ODU about $750,000 per year, Selig said. How much schools can offer is based on complicated formulas based on federal standards.
ODU president John Broderick has said stipends must be paid for by fundraising or increased ticket revenue, not by increasing fees charged to students.
Unlike many other leagues, Conference USA allows member schools to enact their own policies. The Atlantic 10, for example, requires all schools to offer stipends for men's and women's scholarship basketball players. VCU went a step further and will begin paying scholarship athletes in all sports this season, at a cost of $500,000.
Liberty is the only Football Championship Subdivision school in Virginia to announce it will pay all athletes the full stipends allowed by the NCAA. Norfolk State won't pay any athlete stipends.
ECU will pay football and men's and women's basketball players $4,025 each this season, with scholarship athletes in other sports to receive $2,205. All athletes will receive full checks in 2016-17. Once fully implemented, it will cost ECU nearly $1 million per year.
Charlotte will provide $1,000 to each scholarship athlete this season and the maximum of $2,300 in 2016-17.
Marshall hasn't yet announced how much it will provide this season, but is committed to eventually paying them the maximum allowed.
Most Conference USA schools have not announced how they will deal with the cost of attendance. C-USA does not have access to the hundreds of millions of dollars of TV revenue available to the Power Five conferences and some schools are struggling to find a way to pay stipends.
C-USA athletic directors discussed how they plan to handle the new cost during a meeting last week in Boca Raton, Fla.
"I think you're going to find that conference schools will be all over the map," Selig said.
So far, it hasn't been a factor in recruiting, according to ODU coaches.....
Unlike many rivals, ODU to hold off on paying stipends
long, long article, excerpt:
...after considering the issue since January, ODU has decided to wait a year, athletic director Wood Selig said.
"We've reached the conclusion that we're not going to do anything in 2015-2016," Selig said. "It's too big of an expense item. We've got to figure out how are we going to make it work financially first.
"There were no student athletes recruited to come to ODU this year with any cost-of-attendance commitment, or even any conversations about the cost of attendance. For next year, we're going to consider what others are doing and see what our revenue capacity is and try to make the largest contribution we can."
Offering the full cost of attendance - $2,975 per scholarship athlete - would cost ODU about $750,000 per year, Selig said. How much schools can offer is based on complicated formulas based on federal standards.
ODU president John Broderick has said stipends must be paid for by fundraising or increased ticket revenue, not by increasing fees charged to students.
Unlike many other leagues, Conference USA allows member schools to enact their own policies. The Atlantic 10, for example, requires all schools to offer stipends for men's and women's scholarship basketball players. VCU went a step further and will begin paying scholarship athletes in all sports this season, at a cost of $500,000.
Liberty is the only Football Championship Subdivision school in Virginia to announce it will pay all athletes the full stipends allowed by the NCAA. Norfolk State won't pay any athlete stipends.
ECU will pay football and men's and women's basketball players $4,025 each this season, with scholarship athletes in other sports to receive $2,205. All athletes will receive full checks in 2016-17. Once fully implemented, it will cost ECU nearly $1 million per year.
Charlotte will provide $1,000 to each scholarship athlete this season and the maximum of $2,300 in 2016-17.
Marshall hasn't yet announced how much it will provide this season, but is committed to eventually paying them the maximum allowed.
Most Conference USA schools have not announced how they will deal with the cost of attendance. C-USA does not have access to the hundreds of millions of dollars of TV revenue available to the Power Five conferences and some schools are struggling to find a way to pay stipends.
C-USA athletic directors discussed how they plan to handle the new cost during a meeting last week in Boca Raton, Fla.
"I think you're going to find that conference schools will be all over the map," Selig said.
So far, it hasn't been a factor in recruiting, according to ODU coaches.....
