NCAA Approves Student-Athlete Stipend

Jupiterimages/Thinkstock(INDIANAPOLIS) -- The NCAA's Division I board of directors has approved new reforms, including one that will give student athletes a $2000 cost-of-attendance stipend as part of their scholarship.

NCAA president Mark Emmert says the stipend is not considered to be "paying" student athletes, just helping them with the cost of living while at school.

Academic reforms were a major part of the reform package. Schools that fail to meet NCAA standards will be disqualified from postseason play. That includes football bowl games.

The NCAA also raised the GPA requirements for incoming freshman from 2.0 to 2.3.

Copyright 2011 ABC News Radio