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Agreements guarantee five-year aid

ATHENS, Ga. -- Financial aid agreements signed this month by quarterback Jacob Park and receiver Josh Malone with the University of Georgia guarantee in writing a five-year scholarship through fall semester of 2018 for each prospect.

Receiver Josh Malone planned to sign agreements with multiple schools, including Tennessee and Georgia.

Legislation clarified recently by the NCAA allows for mid-year football prospects to sign financial aid agreements with institutions prior to enrolling early. Only players who intend to enroll in spring semester are able to sign financial aid agreements ahead of time. Otherwise, the letter of intent rules would apply normally after National Signing Day in February.

And a financial aid agreement is not the same as an NCAA letter of intent, meaning it is binding for the school but not the prospect. Signing one, however, does remove restrictions on recruiting contact and publicity for the school as it pertains to that player.

As reported Thursday, UGA has signed financial aid agreements -- -- copies of which were obtained by Dawgs247 through an open records request -- from 2014 prospects Park and Malone, though the situation is different for each.

Park is committed to Georgia and fully intends to enroll this spring, so much that he is already listed in the UGA student directory. Malone, meanwhile, has announced intentions to sign agreements with multiple schools to remove contact restrictions while continuing his recruitment for now.

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What does a financial aid agreement include?

An agreement is a short, one-page document on University of Georgia Athletic Association letterhead that reads as follows ...

Congratulations, you have been awarded an athletic scholarship to The University of Georgia. This five year scholarship will begin during the Spring Semester of the 2013-14 school year with the understanding that you will comply with the regulations of the men's football team, The University of Georgia, the University of Georgia Athletic Association, the Southeastern Conference (SEC), and the NCAA. You must be admitted to the University and maintain academic eligibility for the scholarship to be valid.

Your scholarship will include the following:

Spring 2014- 1.00 Scholarship (100%)
2014-2015 - Full (1.0) Scholarship
2015-2016 - Full (1.0) Scholarship
2016-2017 - Full (1.0) Scholarship
2017-2018 - Full (1.0) Scholarship
Fall 2018 - 1.00 Scholarship (100%)

If your athletic aid is reduced or canceled, NCAA rules provide you a hearing opportunity.

Let me take this opportunity to congratulate you again and say that we are proud you will be a student at The University of Georgia furthering your athletic and academic pursuits.

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Each agreement was then signed by UGA athletics director Greg McGarity and head coach Mark Richt in addition to the prospect and a parent/guardian.

Originally dated Nov. 13, Malone's agreement with UGA was signed Nov. 16. Park's agreement was originally dated Nov. 1 and signed Nov. 6.

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