This video is truly a must-see for FSU fans looking for a sheer look inside Florida State football.
Chief of Staff Bruce Warwick goes into the nitty-gritty of explaining the term “roster management,” providing information on name, image, likeness, and the most insightful interpretation of “cost of attendance” I’ve heard so far, including how much the “money roster” base football scholarship offers each player. .
The NCAA now allows the institution to provide a student-athlete with $10,000 in “spend money” if he is an out-of-state player and $8,500 if he is an in-state player plus scholarship costs. The legislation also allows the school to offer unlimited snacks, which cost the school about $3,500 annually per student-athlete.
Those players whose family is financially eligible are eligible for over $8,000 in Pell Grant, which is tax-deductible.
“You start adding up all that, and it’s not bad to be a college math student today,” Warwick said with a round of laughter.
We added it. If the in-state student-athlete is not eligible for a Pell Grant, he or she will receive $8,500 in cash — or about $163.50 each week — to spend the money, plus the cost of room and board, tuition, fees, and books. Plus free snacks, which include fresh fruit, snacks and juices, as well as unhealthy snacks.
If the in-state student’s family qualifies for a Pell Grant, they will receive $16,500 for the in-state student and $18,000 for the out-of-state student. Divide that by 52 weeks and the weekly outlay would be $317.31 for an in-state player and $346.15 per week for an out-of-state athlete.
But wait there is more!
“The Supreme Court said players could benefit from name, image and likeness,” Warwick said. “Furthermore, they determined that any college student-athlete could receive up to $6,000 in additional academic benefits, which is a very loose definition…some schools on the Securities and Exchange Commission have defined this as cash.”
This additional $6000 “academic” benefit adds up to just over $100 per week in expenses while you are in school. Depending on your family’s financial situation, a student-athlete can earn between $14,500 and $24,000 per year. That’s $278 to $450 in weekly cash.
Warwick spent 17 years in the NFL and 11 years in college football before coming to Florida State. Warwick explained why the university keeps adding seniors: “When we got here in 2020, there were 57 players on scholarship and 24 aren’t here anymore, so 77 percent of our roster last year was made up of freshmen, freshmen and sophomores. the second”. And experienced players to the list through the portal. “We had 10 senior players (year 6 players), and seven of them were transfers, as Wake Forest had over 22 players who were playing their sixth year (in Wake). So we are trying to balance our roster with experience.”