An interesting article on how schools have long been using this money to maintain the sham of amateurism.

In researching how schools spent those monies, Rascher found all kinds of purchases that well exceeded the athletes’ cost-of-attendance remittances and had little or nothing to do with their education. In essence, the SAF was acting as a mechanism of pay-to-play, albeit restricted to the limited funds available.

https://www.sportico.com/leagues/college-sports/2021/ncaa-student-assist...