Using the actual itemized value of a scholarship, SAFE creates a customized and virtual banking experience where student-athletes make monthly payments (for room, board, books, etc.) and institutions have the options to customize payments by department, fees, etc. Missed or late payments result in penalties within the program and impede progress. Prompt and accurate accounting is rewarded with favorable consequences.
The true value of an athletic scholarship far exceeds the obvious costs associated with attending college. Still most student-athletes don't know the monetary value of their scholarship. Further, in today's burgeoning business of college sports, there is an added intrinsic value of their education that often goes untapped.
Itemizing expenses and fees allows student-athletes to understand the real monetary value of their scholarship. Showing them the link between their academic discipline and the industry of sports illustrates the intrinsic value and the extensive career opportunities available.
The growth of the sports industry is not indicated solely by increased TV revenue or facilities construction. Technology innovation, advancement in infrastructure design and expanding markets are just a few paths for new career opportunities in the sports industry. Student-athletes are perfectly positioned to understand and capitalize on the occupational landscape of the sports industry.