[HenryGale]

Liberty University will cut its tuition rates for residential students by $540 for the 2009-2010 school year, Chancellor Jerry Falwell Jr. announced at the school’s convocation service this morning.

He said that for the last two years, the college has been blessed with “an outpouring” of donations from donors.

“What we’ve decided to do is use that economic prosperity to bless you,” he told a cheering crowd of thousands of students.

http://www.newsadvance.com/lna/news/loc ... tes/12883/

[Fumblerooskies]

HAH...posted at the exact same time! Although, mine is in the correct forum...

http://flamefans.com/forums/viewtopic.p ... 152#229152

[ATrain]

And causing havoc for various sports teams...

[Fumblerooskies]

And causing havoc for various sports teams...

Care to explain?

[ATrain]

And causing havoc for various sports teams...

Care to explain?

Scholarship equivalencies. When an athlete signs a scholarship, its for a certain amount of money, not a percentage of tuition. For example, lets say there's a team sport that is allowed to give 2 scholarships by the NCAA but the sport needs 3 people competing. A full scholarship is $20,000. This team offers $15,000 to one person, $15,000 to another, and $10,000 to another, and they all sign for a total of $40,000. The school then reduces tuition by $500, so tuition is now $19,500. This means the team can only offer $39,000 in scholarship money, and is now over by $1,000. This means that they need to go back and re-work the money, the paperwork, the signings, etc...

And no, tennis is not the sport scrambling to adjust, but another sport is...

[SuperJon]

Which is why it's a good thing we announced this in January and not July.


With that being said, our staff in Hancock is frickin good and can take care of it. I'm assuming compliance is who it goes through and Hagan, Erin, and Gaillard can get things done.

[Fumblerooskies]

And causing havoc for various sports teams...

Care to explain?

Scholarship equivalencies. When an athlete signs a scholarship, its for a certain amount of money, not a percentage of tuition. For example, lets say there's a team sport that is allowed to give 2 scholarships by the NCAA but the sport needs 3 people competing. A full scholarship is $20,000. This team offers $15,000 to one person, $15,000 to another, and $10,000 to another, and they all sign for a total of $40,000. The school then reduces tuition by $500, so tuition is now $19,500. This means the team can only offer $39,000 in scholarship money, and is now over by $1,000. This means that they need to go back and re-work the money, the paperwork, the signings, etc...

And no, tennis is not the sport scrambling to adjust, but another sport is...

Ah ha! Thanks...this makes plenty of sense. So the "head count" sports won't be affected...but those like baseball, softball, tennis, our 6 track teams, etc. could very much be affected.

[ATrain]

Care to explain?

Scholarship equivalencies. When an athlete signs a scholarship, its for a certain amount of money, not a percentage of tuition. For example, lets say there's a team sport that is allowed to give 2 scholarships by the NCAA but the sport needs 3 people competing. A full scholarship is $20,000. This team offers $15,000 to one person, $15,000 to another, and $10,000 to another, and they all sign for a total of $40,000. The school then reduces tuition by $500, so tuition is now $19,500. This means the team can only offer $39,000 in scholarship money, and is now over by $1,000. This means that they need to go back and re-work the money, the paperwork, the signings, etc...

And no, tennis is not the sport scrambling to adjust, but another sport is...

Ah ha! Thanks...this makes plenty of sense. So the "head count" sports won't be affected...but those like baseball, softball, tennis, our 6 track teams, etc. could very much be affected.

Exactly...though I'm not sure what the NCAA cap is on softball scholarships. Women's tennis won't be affected, as the NCAA allows 8 and thats basically what we have, and it only takes 6 players for a match.

[JDUB]

they'll be fine. we pay enough money into athletics i'm sure someone over there knows how to fill out paperwork

[mrmacphisto]

I hope they make this retroactive.