The Notice provides information about a proposed class action Settlement concerning National Collegiate Athletic Association (“NCAA”) Division I collegiate athletes who played men’s or women’s basketball, or Football Bowl Subdivision (“FBS”) football between March 5, 2010 and March 21, 2017, and who received from an NCAA member institution for at least one academic term (such as a semester or quarter) either (1) athletically related financial aid in an amount equal to or greater than tuition and fees, room and board, and required course-related books, or (2) athletically related financial aid that was not equal to or greater than tuition and fees, room and board, and required course-related books only because it was reduced by the applicable NCAA member institution by an amount of nonathletically related financial aid received by the student-athlete.
The lawsuit involves claims by student-athletes who have received a scholarship package, referred to as a grant-in-aid, or GIA, since March 5, 2010. The student-athletes argued for monetary damages based on the difference in athletically related financial aid they could have received under new NCAA rules allowing for athletically related aid up to the full “cost of attendance,” typically a few thousand dollars more per academic year. The defendants deny they did anything wrong. The Court has not ruled on the merits of these claims.
|Case Relevant Event||Date|
|Preliminary Approval||March 21, 2017|
|Individual Estimated Amounts Available||August 21, 2017|
|Commence Direct Notice||August 21, 2017|
|Objection Deadline||September 20, 2017|
|Requests for Exclusion Deadline||September 20, 2017|
|Dispute Estimated Recovery/Status Deadline||October 3, 2017|
|Final Fairness Hearing||November 17, 2017 at 9:00 a.m.|
On November 17, 2017, the Court granted Final Approval to the Settlement. Class Members can still submit address changes and substitute W-9 forms. It is currently anticipated that settlement checks will be mailed in February 2018.