~The sport of gymnastics at the Division 1 level are allowed to have 12 full athletic scholarships per team. They are usually separated into four year increments.
~The average value of a full scholarship at an in-state, public school is $15,000 a year. For an out of-state public school, the average value is $25,000 a year. Full athletic private school scholarship average $35,000 a year.
~Division I and II schools provide more than $2 billion in athletics scholarships annually to more than 126,000 student-athletes. Division III schools do not provide athletically related financial aid.
~Most athletic scholarships are awarded on a year by year basis with the athlete signing a National Letter of Intent (NLI). The NLI seeks to limit recruiting pressure by providing a prospect the opportunity to make a binding commitment to a school. An athletics scholarship provides the amount of financial aid the student-athlete will receive during an academic year. The NLI is accompanied by an athletics scholarship to be valid.
~Most athletes are granted scholarships on a year by year basis. A coach has the option to not renew a scholarship or it can be reduced, but the athlete does have the option to appeal this decision if he or she disagrees.
~The bottom line is it takes hard work to be awarded a scholarship and hard work to keep your scholarship. It is like a job when you report to your team. There are specific requirements each coach has for the student-athlete that is on a scholarship. The responsibilties are both athletic and academic that must be fulfilled, but the rewards are often worth the effort.
“There are no shortcuts to any place worth going”