Grants will be provided to all 64 institutions who qualified for the Nationals. Grants will be awarded based on each team's performance in the National Championship Tournament.
At the request of American Honda, the grants will be distributed as operating grants for the participating colleges and universities, subject to these guidelines:
- To upgrade and retrofit the physical campus including its classroom buildings, dormitories, recrea-tional and educational facilities and structures.
- To upgrade and retrofit institutional resources including libraries, archives and special collections.
- To provide for institutional research to expand students' knowledge and to improve the quality of their lives.
Examples of schools utilization of monetary grants include:
- Establishment of Institutional Capital Campaign
- Establishment of a Presidential Scholarship Fund
- Purchase of Equipment for Student Computer Center
- Purchase of Books for the Library or Newspaper Subscriptions for students
GRANT DISTRIBUTION
The size of each schools grant is determined by how far a school gets in the National Championship Tour-nament. The following outlines the allocation of these grants within the "tournament ladder":
The 64 qualifying institutions are divided into eight groups of eight.
ROUND ROBIN: 48 teams eliminated receive $3,000 each.
At this point, the final 16 teams advance to the "Sweet Sixteen".
PLAY-OFFS 8 teams eliminated receive $5,000 each
QUARTER FINALS: 4 teams eliminated receive $7,500 each
SEMI FINALS: 2 teams eliminated receive $15,000 each
RUNNER-UP receives $25,000
CHAMPION receives $50,000
ALL-STARS: 8 institutions receive $1,000 each
SPECIAL AWARD: 1 institution receives $1,000 for sportsperson
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