The National Collegiate Athletic Association (NCAA) is a nonprofit organization that regulates student athletics among about 1,100 schools in the United States, and 1 in Canada. It also organizes the athletic programs of colleges and helps over 500,000 college student athletes who compete annually in college sports. The headquarters is located in Indianapolis, Indiana.
Until the 1956–57 academic year, the NCAA was a single division for all schools. That year, the NCAA split into the University Division and the College Division. In August 1973, the current three-division system of Division I, Division II, and Division III was adopted by the NCAA membership in a special convention. Under NCAA rules, Division I and Division II schools can offer athletic scholarships to students. Division III schools may not offer any athletic scholarships. Generally, larger schools compete in Division I and smaller schools in II and III. Division I football was further divided into I-A and I-AA in 1978, while Division I programs that did not have football teams were known as I-AAA. In 2006, Divisions I-A and I-AA were, respectively, renamed the Football Bowl Subdivision (FBS) and Football Championship Subdivision (FCS). In its 2022–23 fiscal year, the NCAA generated $1.28 billion in revenue, $945 million (74%) of which came from airing rights to the Division I men's basketball tournament.