Here's what the Pac-12 hopes to do in helping its student-athletes, via an official release:
(i) Guaranteeing four-year scholarships that can neither be reduced nor canceled provided the student-athlete remains in good standing and meets his/her terms of the agreement. Effective in 2015-16, all financial aid agreements offered to incoming student-athletes will be multi-year agreements for no less than four academic years.
(ii) Financially supporting student-athletes who do not graduate in four years and return to school to complete their degrees. Effective 2016-17, if a student-athlete departs the institution in good standing and has completed a reasonable portion of their degree (50%), the student-athlete can return and receive necessary educational expenses for the remaining terms of the agreement.
(iii) Enhancing medical support for both current and former student-athletes. Effective in 2015-16, Conference schools will be required to provide direct medical expenses for documented athletically related injuries to former student-athletes for a period of four years after separation from the team or institution.
(iv) Liberalizing Transfer Rules within the Conference. The CEOs approved elimination of the financial aid penalty of the intra-conference transfer rule. Effective immediately, a student-athlete who transfers between Pac-12 institutions can receive an athletic scholarship from the second school without restriction, provided he or she is otherwise eligible to receive the aid.
(v) Increasing student-athlete representation in Pac-12 governance. The CEOs supported including student-athletes in Council meetings and giving them a meaningful role in its deliberations. Final recommendations will be determined June 2015.