As I recall in our case the %/$ figure on the Financial agreement listed what it was covering. It was my understanding that it is always for COA(tuition, Books, R&B). It was spelled out clearly along with the number of years. Once enrolled, the dollar amount for both academic and athletic was applied to tuition. Excess dollars, if applicable was returned to in the form of a check. In our case it was used ongoing expenses, food, housing and books. I remember in one case, a teammate used that money to lease a new F150. His parents covered his food, housing and books.