NCAA sounds the alarm -- many D-I programs falling behind in resources and going broke..

[tornado]

http://ncaa.org/wps/wcm/connect/public/ncaa/resources/latest+news/2011/june/report+shows+widening+financial+gap+in+division+i

-Only 22 programs actually made money -- all BCS schools with big time football programs --

-The data shows a LARGE disparity and gap between the big time programs who make gobs of money -- and the vast majority of the rest who lose bunches
and which "rely on institutional subsidy to balance their athletics budgets".

-NCAA President Mark Emmert said the disparity .. is cause for concern and likely will drive the agenda at a presidential retreat Emmert is convening in August.

-the report keeps the identities of the programs confidential and never names the ones that make money and lose $$ but breaks down all programs into those with football and those without..

[tornado]

Here's a separate report from NCAA but it ties in here...

D-III schools cannot award athletic schoarships...
BUT -- that doesn't stop D-III schools from trying to be more competetive by finding ingenious ways of landing the best athletes...
So - guess what they do -- they give regular scholarship aid and academic aid to the athletes, but they use criteria to guide their awards and NCAA doesn't like some of their criteria -- like offering LEADERSHIP scholarship aid to kids who were "LEADERS" in their high school (and their criteria included such things as being involved in extra-curricular activites like sports or being selected or voted a team captain)....

Thus -- the NCAA, has caught lots of D-III schools for handing out too much or inappropriate academic scholarships!

In the past six years, they have caught 38% of all D-III schools with suspicious violations and penalized13% of D-III schools for giving out too much finiancial aid.

...in the past six years - "168 schools have triggered a Level I review, with 126 of those leading to a Level II review...
.... 55 (about 13 percent) of Division III’s member institutions overall were found to have violated financial aid legislation.....about 38 percent of the division’s schools have received some level of review by ...the NCAA .."

http://ncaa.org/wps/wcm/connect/public/ncaa/resources/latest+news/2011/june/diii+report+raises+financial+aid+concerns