I sent Rick at Informed Athlete a pm today regarding differences between P5 and other D1 scholarships.
All Power 5 scholarships are for 4 years if the following conditions are satisfied:
1. The athlete signs a scholarship agreement in which they receive scholarship money in their first year.
2. The scholarship is NOT a multi year scholarship that is written in such a way that years 2 or 3 ( for example) include zero dollars.
3. A P5 scholarship meeting the two conditions above can't be reduced or not renewed for reasons of athletic ability or performance but still can be reduced or cancelled if the athlete fails to maintain academic eligibility, has a student misconduct or team rules violation or chooses to enter the Transfer Portal.
If the athlete enrolls at a P5 school as a walk on in their first year but then is granted scholarship in their 2nd year, then it isn't required that the scholarship must be automatically renewed for the following years.
This can get a bit more complicated for transfers to D1 from another four year college under the new D1 transfer rules.
I did tell Rick that I was not going to go there on that, point, so my advice would be to contact him if there are questions or one needs advice in transfering and concerned about their players scholarship.
Remember P5 D1 scholarship rules differ from D1 scholarship rules.
CBI asks some good questions, Pfan gives good insight. Any athlete wishing to transfer should not be punished in doing so, but as anything else in life, be aware that there are rules.
TPM