sky
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Post by sky on Oct 2, 2021 15:37:28 GMT -5
For years I have been reading posts about the cost of the scholarship. Other than a college eating(pardon the dual meaning) the cost of room and board, maybe books, who is paying who. Does Siena pay Siena tuition. The cost for a scholarship is minimal. Please correct me if I'm wrong.
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bigsaintg
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Post by bigsaintg on Oct 2, 2021 17:31:39 GMT -5
For years I have been reading posts about the cost of the scholarship. Other than a college eating(pardon the dual meaning) the cost of room and board, maybe books, who is paying who. Does Siena pay Siena tuition. The cost for a scholarship is minimal. Please correct me if I'm wrong. You are correct and it’s only opportunity cost related to the room. If they aren’t full the issue is nul. Thus food, maybe some incidents and maybe insurance to cover players but even that probably covers a large group and not by person
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notomo
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Post by notomo on Oct 2, 2021 19:40:06 GMT -5
The loss can be seen as the failure in the recruitment, development and retention of talent. No different in a private enterprise where an emploee cuts bait after a couple of years in the process. Is it the person or the process? Some disturbing signs with the amount of turnover. Has any other MAAC team experienced as much from last season to this?
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$cott
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Post by $cott on Oct 2, 2021 19:43:13 GMT -5
For years I have been reading posts about the cost of the scholarship. Other than a college eating(pardon the dual meaning) the cost of room and board, maybe books, who is paying who. Does Siena pay Siena tuition. The cost for a scholarship is minimal. Please correct me if I'm wrong. In terms of practical cost you are likely correct. However, I'm pretty sure it all goes on the basketball budget including the full cost of the tuition. So you add that cost along with additional money you are paying Carm and suddenly the basketball budget looks like it went up considerably. That may not be a good look if the school is cutting costs elsewhere. I'm really not sure how Siena is doing financially after the pandemic to know if keeping the budget tight would be a factor.
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Post by billmurray on Oct 2, 2021 19:49:46 GMT -5
There is also the opportunity cost related to the income lost by not admitting 13 full tuition students in lieu of free ride basketball players. For every basketball player admitted there are probably at least 10 qualified full pay applicants who were rejected because the class was full.
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hoopjunkie
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Post by hoopjunkie on Oct 2, 2021 20:58:57 GMT -5
There is also the opportunity cost related to the income lost by not admitting 13 full tuition students in lieu of free ride basketball players. For every basketball player admitted there are probably at least 10 qualified full pay applicants who were rejected because the class was full. So basically the same exact problem every D-1 school has. 13 kids playing basketball and getting compensated with free school.
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bigsaintg
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Post by bigsaintg on Oct 2, 2021 21:03:17 GMT -5
There is also the opportunity cost related to the income lost by not admitting 13 full tuition students in lieu of free ride basketball players. For every basketball player admitted there are probably at least 10 qualified full pay applicants who were rejected because the class was full. So basically the same exact problem every D-1 school has. 13 kids playing basketball and getting compensated with free school. There is always room In the back of the classroom for one or two more kids . SUNY has. A major enrollment decline
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$cott
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Post by $cott on Oct 2, 2021 21:30:03 GMT -5
So basically the same exact problem every D-1 school has. 13 kids playing basketball and getting compensated with free school. There is always room In the back of the classroom for one or two more kids . SUNY has. A major enrollment decline Except when is the last time Siena has had 13 scholarship kids playing basketball?
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indian82
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Post by indian82 on Oct 2, 2021 22:16:07 GMT -5
There is always room In the back of the classroom for one or two more kids . SUNY has. A major enrollment decline Except when is the last time Siena has had 13 scholarship kids playing basketball? Maybe when we didn't win the regular season title?
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Deleted
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Post by Deleted on Oct 3, 2021 6:04:03 GMT -5
There is also the opportunity cost related to the income lost by not admitting 13 full tuition students in lieu of free ride basketball players. For every basketball player admitted there are probably at least 10 qualified full pay applicants who were rejected because the class was full. I don't think this is really an accurate portrayal - true there is an identifiable number of full scholarships tied to our men's and women's hoops team but that has always been the case and Siena has a long history of continuing scholarships for those kids that leave the program but are allowed to stay in school - our other sports have a set number of scholarships that are distributed based on the value of the kids in each sport...scholarships are really just a budgetary item as professors do not get paid based on the number of students in their classes...as bigsaintg said "there is always room for one or two more" ... can't compute how one scholarshipped basketball player could displace 10 qualified full pay applicants
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gorvy
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Post by gorvy on Oct 3, 2021 6:43:36 GMT -5
There is also the opportunity cost related to the income lost by not admitting 13 full tuition students in lieu of free ride basketball players. For every basketball player admitted there are probably at least 10 qualified full pay applicants who were rejected because the class was full. I don't think this is really an accurate portrayal - true there is an identifiable number of full scholarships tied to our men's and women's hoops team but that has always been the case and Siena has a long history of continuing scholarships for those kids that leave the program but are allowed to stay in school - our other sports have a set number of scholarships that are distributed based on the value of the kids in each sport...scholarships are really just a budgetary item as professors do not get paid based on the number of students in their classes...as bigsaintg said "there is always room for one or two more" ... can't compute how one scholarshipped basketball player could displace 10 qualified full pay applicants If the school caps the number of kids that can attend school or get in a particular program than his post is probably accurate. I think the bigger opportunity cost is the lost potential basket skill that the college is giving up by not filling the slot. Competing at the d1 level is hard, especially now in the era of nil. To make a profit we can't afford to continually not fill to the max allowed by the ncaa.
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hoopjunkie
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Post by hoopjunkie on Oct 3, 2021 8:51:04 GMT -5
Imagine this conversation for the MAAC schools that get 500 people at their home games......
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Deleted
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Post by Deleted on Oct 3, 2021 9:04:28 GMT -5
I don't think this is really an accurate portrayal - true there is an identifiable number of full scholarships tied to our men's and women's hoops team but that has always been the case and Siena has a long history of continuing scholarships for those kids that leave the program but are allowed to stay in school - our other sports have a set number of scholarships that are distributed based on the value of the kids in each sport...scholarships are really just a budgetary item as professors do not get paid based on the number of students in their classes...as bigsaintg said "there is always room for one or two more" ... can't compute how one scholarshipped basketball player could displace 10 qualified full pay applicants If the school caps the number of kids that can attend school or get in a particular program than his post is probably accurate. I think the bigger opportunity cost is the lost potential basket skill that the college is giving up by not filling the slot. Competing at the d1 level is hard, especially now in the era of nil. To make a profit we can't afford to continually not fill to the max allowed by the ncaa. Agree but that doesn't address the one scholarship displacing 10 full pays...1 for 1 seems like the way to see it...
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Post by billmurray on Oct 3, 2021 10:02:07 GMT -5
If the school caps the number of kids that can attend school or get in a particular program than his post is probably accurate. I think the bigger opportunity cost is the lost potential basket skill that the college is giving up by not filling the slot. Competing at the d1 level is hard, especially now in the era of nil. To make a profit we can't afford to continually not fill to the max allowed by the ncaa. Agree but that doesn't address the one scholarship displacing 10 full pays...1 for 1 seems like the way to see it... I wasn’t clear. I didn’t mean 1 scholarship displaces 10 full pay but that there are plenty of qualified applicants who would pay full price to fill that slot, hence the potential lost revenue.
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indian82
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Post by indian82 on Oct 3, 2021 10:14:40 GMT -5
Agree but that doesn't address the one scholarship displacing 10 full pays...1 for 1 seems like the way to see it... I wasn’t clear. I didn’t mean 1 scholarship displaces 10 full pay but that there are plenty of qualified applicants who would pay full price to fill that slot, hence the potential lost revenue. Right, but still 1:1. It's ONE spot POTENTIALLY being taken. But as has been said here, I don't think Siena has a limit/quota, so theoretically, not really taking away from a paying student who wants to attend.
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