when i put “are pac-12 scholarships guaranteed” into the google-ator, all responses are from 2014. So it doesn’t appear as if there has been a change. As I understand it, a school no longer has to honor the scholarship once the athlete asks them to put his name into the portal, but assuming that doesn’t happen and the student is in good standing with the school, it is still a lifetime guarantee.
According to the Pac-12’s new rules, all athletic scholarships will be guaranteed for four years and “can neither be reduced nor canceled provided the student-athlete remains in good standing and meets his/her terms of the agreement.” In addition, financial aid agreements offered to incoming athletes will be “for no less than four academic years” beginning in the 2015-16 academic year.
Not only will athletic scholarships be guaranteed for four years, but athletes are also given a “lifetime guarantee” of sorts. For instance, if they leave school early, they can still come back at a later date and use the remainder of their scholarship to continue working toward their degree.