CA SB1525

Requires athletic programs at 4-year institutions receiving $10 million or more annually in media rights revenue to provide equivalent scholarships to student athletes with incapacitating injuries/illnesses (up to 5 years or until degree completion) or those who exhaust athletic eligibility with graduation rates below 60 percent (up to 1 year).

Mandates athletic programs cover insurance premiums for student athletes from households at or below Cal Grant A income/asset levels and pay all insurance deductibles for athletic injuries, plus provide ongoing medical treatment or coverage for 2 years post-graduation.

Requires institutions to conduct annual financial literacy and life skills workshops for first-year and third-year student athletes covering financial aid, debt management, budgeting, and time management.

Guarantees student athletes the same due process rights as other students regarding disciplinary actions and requires athletic programs to respond within 7 business days to transfer requests.

Becomes inoperative on January 1, 2021; applies only to institutions that rely exclusively on media rights revenue to cover these costs.