SEC wants Division 4 if NCAA reform fails

SoxJox

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Dec 22, 2003
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Stories here here, and here.
 
The larger issue at hand is a proposal by the Power 5 conferences (SEC, PAC-12, Big 10, ACC, and Big 12) to change the super-majority voting thresholds to enact legislation.  The Power 5 are proposing  that the NCAA lower the super-majority voting threshold from 75% to 60% of member schools, and from 4 of 5 member conferences, to 3 of 5.
 
The more direct issue, and the first one most likely to be addressed under the new voting schema, if passed, would be the Grant-in-Aid (GIA) limits being capped by the NCAA below full cost of attendance.
 
Here's a story on a cost-of-attendance lawsuit mentioned in the first article above.  The lawsuit was settled, with claimants being able to receive up to $2,500 (the agreed upon average difference between a "full ride" scholarship and the GIA cap)..  Here's a site administering the settlement, with links to the various court dcouments.