Renewals/Reductions/Cancellations
The renewal or non-renewal of institutional financial aid must be made on or before July 1 prior to the academic year in which the aid will be distributed. Student-athletes receiving an athletic scholarship the previous year will be notified as to whether their aid has been renewed, increased, reduced, or cancelled. Athletics aid granted by an NCAA institution may not be awarded for a period of more than one year. At the end of each academic year, aid may be renewed, increased, reduced, or cancelled at the discretion of the coach.
Athletics scholarships may be reduced or canceled during the period of the award if a student-athlete:
- Renders himself or herself ineligible for intercollegiate competition in any manner, including failure to meet academic eligibility requirements or loss of amateur status (e.g., signing with an agent).
- Voluntarily quits the team.
- Fraudulently misrepresents any information on an application, letter of intent, or financial aid agreement.
- Engages in serious misconduct.
In order for a reduction or cancellation to take place, coaches and student-athletes must sign the Change of Status form, and return it to the Compliance Office. The Compliance Office will report the student-athlete’s change of status to all relevant departments including Academic Counselors, Athletic Trainers, Registrar/Eligibility Coordinator, Sport Administrator, Financial Aid Office and Sports Information.
Athletics scholarships may not be reduced or cancelled during the period of the award on the basis of:
- A student-athlete’s athletics ability, performance, or contribution to a team’s success.
- An injury that prevents the recipient from participating in intercollegiate athletics.
- Any other athletics reason.
Please note that outside of the period of the award, (after the academic year concludes) an athletic scholarship can be cancelled or reduced for any reason – including an athletics reason – at the discretion of the coach. If a student-athlete's scholarship is cancelled, reduced, or not renewed for any reason, the student-athlete has the right to appeal this decision pursuant to the policies and procedures set forth in this website and in the Notice of Non-Renewal that issues from the ISU Financial Aid Office.
