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USA TODAY -- Colleges can't pay their players. There's been plenty of debate about it, but at this point it's still against NCAA rules. What isn't against the rules is using the student assistance fund to pay for expensive insurance.

USA TODAY confirms Florida State will pay $60,000 to cover the cost of insurance quarterback Jameis Winston bought for himself.

Winston took out "total permanent disability" coverage which pays out if he is injured and can never play again.

He also got "loss of value" coverage which pays out if an injury causes him to be drafted below where he's currently projected, which is solidly in the first 10 picks.

According to Yahoo, Winston stands to make between $8 million and $10 million if the policies are needed.

Florida State isn't the first to take advantage of this loophole. Texas A&M convinced offensive tackle Cedric Ogbuehi to come back to school this year versus going into the draft by paying Ogbuehi's $50,000 dollar insurance policy.

What do you think? A discussion on this is happening on the WFMY News 2 facebook page.

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