Ok here is some more info, forgive me I am trying to relay as I get it.
Option 1 is to keep it the same.
Option 2 is this coming year, academic only (1/3) as the player has the needed GPA for academic money.
The following year and years subsequent full ride, the check is to cover expenses not incuded in the bill. Essentailly this is like what son got a stipend to cover rent and food (though not a full ride). If the players receives academic money it's there to keep?
Well essentially this sonunds like a good deal to me. In writing. Please note that this coach has told some players drafted if you don't sign you come back with no money (walk on status). This sounds cruel but as I have stated before, many programs do this.
I do agree that the trust factor needs to come into play, this is giving one FULL ride.
I am going to suggest the parent may wish to call or email the coach for further clarification.
Sometimes our very intelligent players lose some understanding in the conversation, whether between us or the coaching staff. JMO.