While a full paying student has to take loans out, if you have an academic scholarship they already get this cost of attendance stipend. So just odd that an athletic scholarship doesn't have one if you think of it that way.
I am unfamiliar with that concept. Please elaborate on how that is figured in as I am with you on not understanding why the athletic scholly would not be based on the same premise...
From my understanding (read alot about this when this stipend came up) that the 'cost of attendance' is a set figure depending on the school, some schools with higher cost of living gets more versus a place where it is cheaper to live, ie a cost of attendance stipend would be higher in LA to attend UCLA or USC versus small college town like Athens.
Supposedly (I don't have personal experience, just google) if someone has a full academic scholarship they get an additional stipend to cover room/board, books/supplies, and transportation. Basically each school publishes this number.
So why don't athletic scholarships have this? The short answer is because of the NCAA rules.