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Athletic Scholarships for athletes began as early as 1870. The NCAA was founded in 1905, and they tried to reign in and codify they rules regarding financial support for athletes. In 1939 the NCAA first coined the term "need based scholarship".

In 1950 the NCAA, along with major colleges and universities, outlined and codified the first true Athletic Scholarships. This allowed schools the ability to recruit and pay for the costs of attending the colleges and universities for a student athlete. The benefits paid to these student athletes were unregulated for the most part, and once a scholarship was awarded it could not be revoked.

This system lasted until 1973, when the NCAA changed the system, aimed at reeling in the bonuses paid to athletes. This move was done in order to put the amateur back into amateur sport.

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โˆ™ 2013-11-09 16:54:40
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