NCAA transfer rules for PSU players
The NCAA released the following information on its website Tuesday:
* Football student-athletes who transfer will not have to sit out a year of competition. Any current football student-athletes who transfer to any NCAA school (all divisions) during the 2012-13 academic year will be immediately eligible, provided they are admitted through the normal process and are otherwise eligible.
* Any current football student-athletes who begin preseason practice or enroll in classes at another school for the fall term of 2013 (begin preseason practice or enroll in classes at another institution) will be immediately eligible, provided they are admitted through the normal process and are otherwise eligible.
* Penn State football student-athletes can decide to transfer from now until the 2013 season (before participating in preseason practice with Penn State) and play immediately at the new school.
* Penn State will release any incoming student-athletes from the National Letter of Intent. Such individuals are not considered transfer student-athletes and can compete immediately at another school as long as they are otherwise eligible.
* Student-athletes who transfer during the 2012 season and have not competed for Penn State during that season will be immediately eligible for competition upon transfer, provided they are admitted under the normal process and are otherwise eligible per NCAA regulations. Student-athletes who transfer during the 2012 season after having competed for Penn State will not be eligible for competition during the same season at the next institution.
* If a student-athlete transfers for the fall of 2012 to a school that has reached its scholarship limits, the school may exceed these numbers for the 2012-13 academic year, provided it reduces such limits proportionately in the 2013-14 academic year. For example, if one student-athlete transfers to a Division I school already at the legislated limits of 25 initial counters and 85 overall counters for 2012-13, the school will be limited to 24 initial counters and 84 overall counters in 2013-14.
* If a student-athlete transfers after the fall 2012 term, the standard financial aid rules governing counter status still apply, including the midyear replacement exception. If extenuating circumstances arise that may warrant a waiver of the standard application of financial aid rules governing counters, waiver requests will be addressed on a case-by-case basis.
* A school subject to scholarship limits due to an infractions case is allowed to accept transfers from Penn State but cannot exceed the scholarship limits specified in its infractions report. Athletically-related financial aid may not be canceled during the period of the award and these schools are not permitted the same exception allowed to schools not under Committee on Infractions sanctions.
Source: NCAA.org (check website for additional changes to traditional transfer rules)