All this Time magazine cover story talk got me thinking. Why can't players receive a stipend based on their financial aid eligibility? Some players (JFF) don't need any additional assistance beyond their scholarship. There is already a formula in place (FAFSA) to determine the student's Estimated Family Contribution were they not an athlete. Obviously full scholarship athletes are not eligible for financial aid, but the formulas used to calculate awards could be useful. This would give money to those who are truly in need without having to provide for every single scholarship-ed athlete. I know I took out many loans in both Undergrad and Graduate school to supplement my income. Since this is not available to athletes because of their scholarship award, there should be some mechanism in place to supplement those who cannot rely on parents and/or other family members to meet the needs not covered by the scholarship.
Kind of a crude spur-of-the-moment construct, but thoughts?