Here's another article, this one from last month:
https://www.jacksonville.com/sports/20191203/jacksonville... FCS school Jacksonville State, who played in the non-scholarship Pioneer league, made the decision to give up football entirely. FCS is rough - they don't get much revenue, and they have many of the same expenses. Even without having the expenses of scholarships, Jacksonville State found it to be too expensive. It's no wonder that so many FCS schools try to escape up to FBS, where they get a lot more revenue (bowl money, conference money, higher attendance, bigger paychecks from "money games"), as well as the benefit of visibility.