Frequently Asked Questions about The Letter of Intent & Financial Aid
What is the Letter of Intent?
The Letter of Intent is a binding agreement between a prospective student-athlete and an institution in which the institution agrees to provide a prospective student-athlete who is admitted to the institution and is eligible for financial aid under NCAA rules athletics aid for one academic year in exchange for the prospect's agreement to attend the institution for one academic year.
Please contact the Cheyney University Compliance Office at 610-399-2369 at if you have further questions.
Can a college or university reduce or cancel my scholarship during the academic year?
If a student-athlete is receiving institutional financial aid based in any degree on athletics ability, that financial aid MAY be reduced or canceled during the period of award (e.g., during that year or term) only if the student-athlete:
- Renders himself or herself ineligible for intercollegiate competition; or
- Misrepresents any information on an application, letter of intent or financial aid agreement; or
- Commits serious misconduct which warrants a substantial disciplinary penalty (the misconduct determination must be made by the university's regular student disciplinary authority); or
- Voluntarily quits the sport for personal reasons. In this case, the student-athlete's financial aid may not be given to another student-athlete during the term in which the aid was reduced or canceled.
- Institutional financial aid based in any degree on athletics ability MAY NOT be reduced, canceled or increased during the period of award:
- Based on a student-athlete's ability, performance, or contribution to a team's success; or
- Because an injury prevents the student-athlete from participating; or
- For any other athletics reason.
How long does a scholarship last and can the college cancel my scholarship after the first year?
Aid based in any degree on athletics ability cannot be awarded in excess of one academic year; the decision of whether a student-athlete is awarded institutional financial aid is made on a year-by-year or term-by-term basis, depending on the regulations of the institution.
If a student-athlete is receiving institutional financial aid based in any degree on athletics ability, the institution must notify the student in writing on or before July 1 whether the aid has been renewed or not renewed for the next academic year. This written notification comes from the institution's financial aid authority and not from the athletics department.
If the institution decides not to renew the aid, or is going to reduce the aid, the institution must notify the student-athlete in writing that he or she has the right to a hearing. This hearing is held before the institutional agency making the award.
Keep in mind that the decision to renew or not renew the financial aid is left to the discretion of the institution, to be determined with its normal practices for students generally.
Please contact the Director of Compliance office at 610-399-2369 if you have any further questions. You may also contact the NCAA membership services staff at (317) 917-6222.