As for Ellis Dozier's situation, I wasn't the greatest at math in Athens, but if you have five years to play four seasons and he already has red-shirted one season and sat the bench this season, if he can't crack the rotation next season and then decides to transfer, wouldn't that mean after having to sit out the next year he'd only have one season left to play if he goes Div. I? But if he were to transfer after this season, he'd have to sit out next season, but then would have two seasons to play, right?
I believe he would have two after transferring if he chose to do so. I don't think the player loses a year of eligibility, they just have to sit out the transfer year.
You have 5 to play 4 once your clock runs. So yes, in this situation, he would lose a year and only have one season left.