Additional protections for student athletes

(a) Grant-in-Aid protection Subject to subsection (b), an institution of higher education shall honor the original grant-in-aid commitment made by the institution of higher education to a student athlete. (b) Effect of transfer In the case of a student athlete who transfers from one institution of higher education to another institution of higher education, subsection (a)— (1) shall not apply to the former institution of higher education of the student athlete; and (2) shall apply to the new institution of higher education to which the student athlete transfers. (c) Rule of construction Nothing in this section may be construed to prohibit an institution of higher education from revoking the grant-in-aid of a student athlete or former student athlete who does not remain in good standing in accordance with the standards or code of conduct of the institution of higher education.