NAIA colleges and universities determine how much financial aid is awarded to an individual student-athlete. Under no conditions may anyone else provide direct financial assistance to any student-athlete. Scholarships, grants-in-aid or student loans are controlled by each institution through the same process that handles all student loans and scholarships.
Financial aid given to student-athletes is limited to the actual cost of tuition, mandatory fees, books and supplies required for courses in which the student-athlete is enrolled, and room and board.
NAIA Limits on Financial Aid
Each sport has an overall limit on the amount of financial aid it can award to students who will compete in varsity contests in that sport. For example, the overall limit in baseball is 12 full grant equivalencies (total value of cost of attendance including tuition, room and board, books, fees and supplies). Financial aid can be awarded to any number of baseball student-athletes (for example, 1 full grant equivalency, 10 half grant equivalencies and 24 quarter grant equivalencies) as long as the combined total does not exceed the total amount of 12 full grant equivalencies.
Financial aid awarded to academically gifted students can be exempted from these limits if the student meets academic criteria established by the NAIA. Aid to students who play at the junior varsity level or who do not compete in varsity contests does not count in the overall limits.