The Division I Board of Directors approved a plan that could increase aid for students on full athletic scholarships up to an extra $2,000 on Thursday.
NCAA President Mark Emmert said that student athletes have limited time to work and also that the current model for athletic scholarships has not changed in the past 40 year, reported the Minnesota Daily.
Also included in the plan are new rules that will hold universities and teams to higher academic standards in order to remain eligible for postseason play.
Some of the new rules will include an Academic Progress Rate of 930 and a Graduation Success Rate of 50 percent.
"We understand the situation of our student-athletes," Penn State President Graham Spanier told Foxsports.com. "This isn't about paying student-athletes, but it is about being fair and recognizing that in Division I it ought to be important to meet this need."
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http://www.mndaily.com/blogs/upon-further-review/2011/10/24/ncaa-president-supports-increased-student-athlete-financial-aid
http://msn.foxsports.com/collegefootball/story/NCAA-Division-I-board-approves-tougher-academic-standards-increased-financial-aid-102711