STATE COLLEGE, Pa. -- Just three years ago Penn State athletic director Sandy Barbour was looking at the athletic budget and trying to account for an additional $1.7 million annually, the number associated with Penn State's cost-of-attendance stipend.
The federal figure would come in at $4,700 annually for every undergraduate student-athlete, making it part of their scholarship package and thus becoming the first crack at student athletes getting paid. However, cost-of-attendance is a fixed figure that was once thought to be laundry money, help for incidentals and to pay for a couple trips home per school year. It's certainly not a salary.
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