- Joined
- Jan 17, 2013
- Messages
- 2,236
Is signing a LOI the only avenue to attend a D1 school on a full sports scholarship? Obviously if you're a lower tiered athlete you want to lock in your deal, but what if you're a 5 star guy that multiple schools would hold a scholarship for?
Signing the NLI, like institutional membership in the NCAA itself, is technically voluntary. However, regarding the NLI:
1. When a student athlete is tendered a NLI, he is also tendered a financial aid award.
2. Signing the NLI then locks in that award, for one year. The NLI is also good for that same year.
3. A student athlete (cough cough) never has to sign a NLI but, if they don't, no guaranteed financial aid.
4. Flipside, if they don't sign, no NLI restrictions and they still can get finical aid, but it is not contractually guaranteed or protected.
In reality, if you are a true stud recruit, I don't think you should sign a NLI. Schools will still make room and find aid for you. But, if you don't pan out, get seriously hurt...you might be hosed. But you never had more than a one year deal anyway.
If you are less than an elite recruit, sign this clear contract of employment and take your potential lumps.