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16.1.3 Transfer of Nonpermissible Award. Cash or any other award that an individual could not receiveunder NCAA legislation may not be forwarded in the individual’s name to a different individual or agency (e.g.,a collegiate institution).16.1.4 Types of Awards, Awarding Agencies, Maximum Value and Numbers of Awards. Athleticsawards given to individual student-athletes shall be limited to those approved or administered by the memberinstitution, its conference or an approved agency as specified in the following subsections and shall be limitedin value and number as specified in this section. Awards received for intercollegiate athletics participation may notbe sold, exchanged or assigned for another item of value, even if the student-athlete’s name or picture does notappear on the award. Each of the following subsections is independent of the others so that it is permissible for anindividual student-athlete to receive the awards described in all subsections. [R] (Revised: 9/12/03)16.1.4.1 Participation Awards. Awards for participation in intercollegiate athletics may be presented eachyear, limited in value and number as specified in Figure 16-1. Awards for participation in special events may beprovided only to student-athletes eligible to participate in the competition. [R] (Revised: 4/25/02 effective 8/1/02,3/8/12, 1/19/13 effective 8/1/13)16.1.4.1.1 Senior Scholar-Athlete Award. An institution may provide a maximum of two seniorscholar-athlete awards each year to graduating seniors. The award may consist of a tangible item valuedat not more than $175 and a postgraduate scholarship not to exceed $10,000. The postgraduate scholarshipshall be used for graduate studies at the recipient’s choice of institution and shall be disbursed directlyto that institution. Such a scholarship only may be awarded to a student-athlete who has completed therequirements for a baccalaureate degree. A student-athlete who has received an institutional postgraduatescholarship as part of a senior scholar-athlete award shall no longer be eligible to participate in intercollegiateathletics, except that the student may complete the remainder of any season currently in progress at the timeof the award (e.g., postseason competition in the spring sport that occurs after graduation). [R] (Adopted:4/25/02, Revised: 6/1/06, 1/14/08)16.1.4.1.2 Special Event Participation Awards Based on Level of Achievement. Special event participationawards may include awards that are based on a level of achievement (e.g., all-tournament award,finalist award, place-finish award) in the event, provided the awards are uniform within each level and thecombined value of all awards received for participation in the particular type of special event (e.g., conferencechampionship; other established meets, tournaments and featured individual competition) does notexceed the maximum permissible value of such awards (see Figure 16-1). (Adopted: 1/10/13)16.1.4.2 Awards for Winning Conference and National Championships. Awards for winning an individualor team conference or national championship may be presented each year, limited in value and numberas specified in Figure 16-2. Awards for winning a conference or national championship in a team sport may beprovided only to student-athletes who were eligible to participate in the championship event. The total value ofany single award received for a national championship may not exceed $415. The total value of any single awardreceived for a conference championship may not exceed $325, and each permissible awarding agency is subjectto a separate $325 limit per award. Each permissible awarding agency may provide only a single award for eachchampionship to each student-athlete. Separate awards may be presented to both the regular-season conferencechampion and the postseason conference champion (with a separate $325 limitation), but if the same institutionwins both the regular-season and postseason conference championship, the combined value of both awards shallnot exceed $325. [R] (Revised: 4/25/02 effective 8/1/02)16.1.4.3 Special Achievement Awards. Awards may be provided each year to individual student-athletesand teams to recognize special achievements, honors and distinctions, limited in value and number as specifiedin Figure 16-3. [R] (Revised: 4/25/02 effective 8/1/02)16.1.4.4 Local Civic Organization. A local civic organization (e.g., Rotary Club, Touchdown Club) mayprovide awards to a member institution’s team(s), provided such awards are approved by the institution and arecounted in the institution’s limit for institutional awards. [R] (Adopted: 1/10/92, Revised: 1/9/96 effective 8/1/96,6/11/09)16.1.5 Purchase Restrictions.16.1.5.1 Assignment of Normal Retail Value. Normal retail value shall be assigned as the value of anaward when determining whether an award meets specified value limits, even when a member institution receivesinstitutional awards from an athletics representative or organization free of charge or at a special reducedrate. Normal retail value is the cost to the institution that is based solely on volume and is available to all purchasersof a similar volume and that does not involve an obligation to make additional purchases to enable thesupplier to recover the costs for the original purchase. (Adopted: 1/16/93)16.1.5.2 Supplementary-Purchase Arrangement. An institution may not enter into a supplementarypurchasearrangement with an awards supplier whereby the supplier agrees to sell an award (e.g., a watch orring) at a price below the maximum amount specified by NCAA legislation with the understanding that theinstitution will make additional purchases of other unrelated items to enable the supplier to recover the costs forthe original purchase. Such an arrangement would exceed the specific-value limitations placed on permissibleawards. [R]216

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