The Big 12 became the latest Power Five conference to allow its league members to provide the full cost of attendance, multi-year scholarships and continuing education to its current and former student athletes.
The Big 12 became the latest Power Five conference to allow its league members to provide full cost of attendance, multi-year scholarships and continuing education to its current and former student athletes, the conference announced Monday.
The conference had until Oct. 1 to submit any autonomy legislation it wanted to see passed.
The conference said the actions will go into effect on Aug. 1, 2015. In the new bylaws, Big 12 schools will award institutional athletically related financial aid based on the maximum amount permitted by the NCAA for no less than the student-athlete's period of eligibility.
The Big 12 will also award financial aid to student-athletes who leave school early for whatever reason and want to come back and finish their degree.
“Enacting these measures is an important step in the process of implementing a twenty-first century model that is responsive to the needs of our student-athletes," Big 12 commissioner Bob Bowlsby said. "The Big 12 Conference will continue to be at the forefront of being a change agent in college athletics, and I am proud we have moved forward with these actions."
The Big Ten, Atlantic Coast, Pac-12 and Southeastern Conferences have also recommended providing the full cost of attendance to its athletes.
The measures are part of the five largest money-making conferences' efforts to provide a structure where they will govern themselves without interference from other institutions or the NCAA.
- Scooby Axson