College Football Playoff to continue offering $2,500 stipend to parents

USA TODAY Sports

The College Football Playoff announced Monday that it would continue to help offset expenses for the parents and guardians of athletes who play in the national semifinals or championship game.

From the release:

The $2,500 stipend per student-athlete is intended to help with expenses for hotel accommodations, travel and meals for up to 125 families from each participating institution.

“We are delighted to continue this program for the participants of the College Football Playoff,” said Bill Hancock, executive director of the CFP. “It is a terrific benefit for our student-athletes and one the university presidents and conference commissioners who manage the playoff are proud to support.”

Last year the CFP distributed $1.5 million to the four participating teams in the Playoff Semifinals and national championship game.