Yes, you are missing something.
Head count sports are those sports that generally bring revenues to the school. For men, revenue sports include basketball and Division IA football.
FBS football (or IA, as he calls it) is considered by the NCAA to be a different sport than FCS football. FCS football is not a headcount sport, so partial scholarships are allowed to a maximum of 85 players per team/per year.
Georgetown gives many partial football scholarships, but Fordham gives many more partial scholarships. Put those partial scholarships together, and Georgetown has maybe 35 equivalencies. Fordham has about 60 equivalencies.
Yale gives no athletic aid. Lowered admission standards for players, but no athletic aid. All the need-based aid in the world, but no athletic aid. Thus, Yale has 0 equivalencies. I've noticed that some Ivy League fans think Georgetown football, like the Ivies, is non-scholarship. Nope--the Hoyas offer fb players athletic aid... also known as merit aid for jocks...also known as equivalencies. If you are a Hoya player receiving football money in your financial package, and you quit the team, you lose that athletic money.
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