re: Player Insurance - Paid for by University - A&M paid 50K

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Is that legal?

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Problem is, many top college athletes still may not have the resources to foot the bill on premiums that could be close to six figures.
Texas A&M, though, had researched a newer NCAA rule that offered them some flexibility, where the school itself could actually pay the difference out of the Student Assistance Fund, which each school has at its disposal to cover things such as the cost of post-eligibility financial aid, or if a student-athlete can't afford to travel home in cases of emergency, or if they need a suit to wear to university functions or events like SEC Media Days.
It's not an unlimited pool, and the NCAA creates its yearly limit for all schools so each has to budget where its money goes for that year. According to the SEC office, last year each of its members allotted $350,000 for the fund.
Moore, the associate AD for football, told FOX Sports that the school didn't know it could tap into that fund until this year to help with the loss-of-value insurance policy for a case like Ogbuehi's. "I don't think many schools know about it," Moore said Tuesday. "It's a game-changer."

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