Indiana quantifies full value of an athletics scholarship

Indiana announced Wednesday that is has quantified the full value of an athletic scholarship for out-of-state and in-state student-athletes.

The four-year total of an athletics scholarship holds an estimated value of $240,274 and, for an in-state student-athlete, the estimate is $135,766. According to an IU release, these estimates include direct value costs such as tuition and fees, room and board and books. The estimates also include indirect value items from goods and services that aren’t always identified when considering the full value of a scholarship.

The annual value of indirect items includes $1,775 for academic services and advisers, $952 for food and nutrition, $810 for medical services, $446 for leadership and life skills training, $680 ($2,075 for out-of-state student-athletes) for summer school, fifth-year aid and extended aid access, $1,550 for technology and $1,373 for team apparel and gear.

Indiana did not include expenditures such as team travel, medical treatment for athletics-related injuries, athletics department administration, strength and conditioning training, coaching salaries, facility construction financing and maintenance and equipment costs, “even though they also benefit student-athletes.”

“What seems to have been lost in the public debate about whether student-athletes should be paid above the cost of attending college is an understanding of the true value of an athletics scholarship and the college degree it makes possible,” IU athletic director Fred Glass said in a statement. “We conservatively estimate that the four year total value of a full IU athletics scholarship to an out of state student-athlete is nearly a quarter of a million dollars. Moreover, recent studies show that college graduates will earn nearly twice as much as those who don’t have degrees and that the gap is widening.”

The announcement from IU comes hours after the Big Ten made recommendations for enhanced benefits for student-athletes as part of the NCAA’s new autonomy structure. The Big Ten’s proposal to the NCAA included covering an athlete’s cost of education, multi-year/guaranteed scholarships, a lifetime educational commitment and expanded health coverage — all of which are covered by Indiana’s Student-Athlete Bill of Rights.

Indiana’s statement on scholarships says that all money associated with department operations, including scholarships, is generated by the department itself without university subsidy, taxpayer money or student fees.