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Pac-12 Reportedly Planning Loan Package to Aid Football Programs Amid Pandemic

Ralph Freso/Associated Press

Given the uncertainty around the college football season due to the coronavirus pandemic, the Pac-12 conference is reportedly prepared to provide schools with a loan package.

Per Jon Wilner of the Bay Area News Group, schools would receive "a maximum of $83 million for each university at a rate of 3.75 percent over 10 years" if the 2020 football season has to be canceled.

This article will be updated to provide more information on this story as it becomes available.