Florida State had already approved its athletics budget earlier this month. But now the school will also begin providing between $4,500 and $6,000 annually as part of the NCAA's new cost of attendance allowance.

FSU officials made the announcement at a Board of Trustees meeting on Friday afternoon, according to the Tallahassee Democrat. The amount of money goes beyond what was previously provided and provides for personal expenses and transportation to and from home.

An FSU spokesman said that footing the cost of attendance would be an additional $2 million to $2.1 million annually. Student-athletes will begin receiving the added money in the 2015-16 academic year.