NCAA Financial Aid Limits
The Ivy League is required to follow NCAA rules on financial aid, even though aid at Ivy Institutions is not based on athletic participation or ability. These rules will not affect how much financial aid you receive, but you do have a responsibility to assist your institution in reporting financial aid accurately.
Please report to the Compliance Director and Financial Aid Office if you are or will be receiving:
- A scholarship based on achievements while you were in high school that considered your participation in academics and/or athletics in choosing you for the award.
Effective August 1, 2003, student-athletes employment earnings are no longer subject to limits, considered institutional financial aid and do not trigger counter status. However:
- Student-athletes may be compensated only for work actually
- Student-athletes may not be paid more than the going rate in
your locality for similar services; and
- Compensation may not include any remuneration for value or utility that the student-athlete may have for the employer because of the publicity, reputation, fame or personal following that he or she has obtained because of athletics ability.