scholarship

Pressure on the NCAA continues to build and now Emmert is suggesting scholarships for life.  

http://espn.go.com/college-sports/story/_/id/11196036/ncaa-president-mar...

I generally don't post new topics on the board, but after reading jMatt313GoBlue's story about his love of the University (http://mgoblog.com/mgoboard/my-story-how-michigan-hockey-changed-my-household), and considering the high cost of tuition as well as the generousity of the members in the Hail to the Victors 2012 campaign, I was wondering if there would be interest in an annual fund raiser to support one or two Michigan students every year.  

Depending on the amount raised,  the proceeds could be used for tuition, books, etc.  I suppose the beneficiaries should be members of mgoblog, and I am sure that with some guidance from Brian et. al., we could come up with some appropriate criteria to ensure the recipients are deserving students at Michigan or prospective students. Many of you already support the University (financially and otherwise), but I thought that this would be a separate and unique avenue to the members of mgoblog.  My education at UofM has had such a major impact on my life and this site has allowed me to share my love of everything Michigan with hundreds of people I do not even know personally.  Accordingly, it seems appropriate that through this forum we could assist others with the opportunity to have similar life changing experiences that many of us have had at Michigan.

Many of you are students or recent graduates and I understand that it is important to save your  income for school or to support your families. I suspect, however, that there are members who would be eager to participate and have disposable income that could be contributed.  Considering $37,717 (and counting) has been raised in just a few days for the Hail to the Victors campaign,  I am sure we could generate significant financial assistance for deserving  students or prospective students of the University.  While Kickstarter is probably not the appropriate forum, there are other methods we might be able to utilize.  Your thoughts regarding an MGO Scholarship would be appreciated, including those that may indicate I am on the wrong track with this idea.

I'm just wondering if this is possible or has ever been done.

Say university X has recruited player #1 of class X for their team. Player #1 signs an LOI, comes to school for a year, decides they hate it there, and asks to be released so that they can transfer to university X's rival.

If university X were willing to eat one scholarship for four years, would the NCAA allow, or do they even have any say in, university X REFUSING to release player #1 from his scholarship?

In other words, once a player has signed an LOI and is being given the opportunity to play on the team if he wants, could the university essentially lock him up and prevent attrition and transfer?