16.13 Settlement Related Benefits and Expenses.

16.13.1 Benefits Cap Compliance. An institution may provide payments, benefits and expenses to a student-athlete as specified in this section, provided the aggregate value provided by (or on behalf of) the institution does not exceed the value of the applicable period’s benefits cap. The annual period for application of the benefits cap is July 1 through June 30. Applicable payments, benefits and expenses must be reported to the designated benefits cap management entity. Additional benefits pool compliance regulations shall be developed, maintained and published as policies and procedures. Unless otherwise noted in this section, awards, benefits and expenses provided that were permissible as of October 7, 2024, do not count toward the benefits cap and may continue to be provided.

[16.13.1 unchanged.]

16.13.1.8 Benefits Cap Accounting. If an institution exceeds the value of an applicable period’s benefits cap, the amount the institution provided in excess shall be counted in the immediately following annual period for the benefits cap.

[16.13.2 through 16.13.3 unchanged.]

17.2.2 Roster Limit Inclusion. Beginning the day after an institution’s deadline for roster submission, an individual must be on the sport’s submitted roster to participate in athletically related activities (countable, required, or voluntary) for the remainder of academic year or the end of the sport’s playing season, whichever is later (see Bylaw 17.2.4). An institution must include a student-athlete who receives athletically related financial aid or payments, benefits or expenses permitted under the settlement on a sport’s submitted roster during the academic year in which the student-athlete receives the athletically related financial aid or settlement-related payments, benefits or expenses.  A multiple sport student-athlete must be included on the submitted roster for each sport in which the student-athlete participates in athletically related activities. An institution must indicate a designated student-athlete who is exempted from a sport’s roster limit (see Bylaw 17.2.2.2) on the sport’s submitted roster.

[17.2.2.1 through 17.2.2.10 unchanged.]