President Donald Trump has signed an executive order aimed at making major changes to college athletics, including stricter regulations on athlete transfers, eligibility periods, and financial compensation. The order requires federal agencies to determine if universities violating these rules should continue receiving federal grants and contracts. It also prohibits pay-for-play arrangements facilitated by booster collectives and other organizations. The Department of Education and General Services Administration will increase data collection to track university compliance. The White House reports that college athletics supports over 500,000 student-athletes through nearly $4 billion in annual scholarships.