The Boise State Broncos are preparing to begin paying full cost-of-attendance scholarships to its athletes.
Thanks to new NCAA regulations, schools are able to pay student athletes the full cost of attendance for the university — which is determined by a formula within the financial aid office at each school.
For Boise State, it will not be cheap.
According to a report from the Idaho Press-Tribune, Boise State has budgeted $5,100 for each student-athlete. With 230 student-athletes at the university, Boise State is set to shell out more than $1.1 million.
“We want to have a nationally competitive, broad-based program, and you have to do that if you want to stay at that level,” athletic director Mark Coyle said. “That’s why we’re excited about it.”
Boise State’s cost of attendance is the highest in their conference and one of the highest figures in the Power Five conferences that has been released to date.
*Featured Photo (above) credit to USA TODAY Sports