The school's Student Assistant Fund can be used to "assist student-athletes in meeting financial needs that arise in conjunction with participation in intercollegiate athletics, enrollment in an academic curriculum or that recognize academic achievement."
The premium on the highest "loss of value" and injury policies is reportedly $60,000.
Winston, who also plays for the Seminoles' baseball team, is a pro prospect in two sports and is hopeful of following in the footsteps of Deion Sanders and Bo Jackson to be a multi-sport pro. Yet, the quarterback projected as a top-10 draft pick in 2015 said he plans to graduate from Florida State, not enter the NFL early.
Entering his redshirt sophomore season on the heels of a national championship, Heisman Trophy and 40-touchdown pass season in Tallahassee, Winston could be enticed to leave school with another year of big-time accomplishments.
While he has made news of the unflattering kind away from football, pro scouts project him as a high pick. NFLDraftScout.com includes him among the top potentially available passers in its soon-to-be-released 2015 draft rankings. Oregon's Marcus Mariota and UCLA's Brett Hundley, also underclassmen, are also in the early conversation as possible first-round quarterback prospects. Baylor senior Bryce Perry also ranks among that group.