The University of Maryland last week announced it will be one of the first NCAA Division I institutions to offer a lifetime degree guarantee for student-athletes in all sports.
The school also announced it will incorporate the promise of exhausted eligibility aid into financial aid agreements.
Beginning in November of 2014-15, ‘The Maryland Way Guarantee’ will provide all incoming student-athletes with a multi-year scholarship guarantee. Pursuant to this program, should a student-athlete exhaust his or her eligibility prior to graduating, Maryland will guarantee his or her aid will continue through graduation. If a student-athlete is injured and unable to compete, the school will guarantee his or her aid will continue through graduation.
Additionally, Maryland will provide tuition, books and fees for any student-athlete who leaves the institution in good academic standing and returns to complete his or her degree.
Although other institutions have extended this guarantee to “revenue sports” including football and men’s and women’s basketball, Maryland is one of the first to provide a lifetime degree guarantee for student-athletes in all sports.
“Our vision is to be the best intercollegiate athletic program while producing graduates who are prepared to serve as leaders in the local, state and global communities,” said Maryland director of athletics Kevin Anderson. “We are confident ‘The Maryland Way Guarantee’ will further demonstrate our commitment to our student-athletes’ pursuit of a college degree.”