It's a rule with this exception -
Or this one, which will be used by more players: The NCAA allows a one-time exception for graduate students that eliminates having to sit out a season — as long as the player would have been academically eligible at his/her original institution . If Lyons completes his undergraduate work, he could be eligible to play in 2012-13 at whichever school he chooses.
Some students go to great lengths to achieve immediate eligibility. Quarterback Garrett Gilbert is taking 27 credits this semester (six regular classes and three online courses), trying to graduate from Texas and play this fall at Southern Methodist, according to the
Dallas Morning News.
http://usatoday30.usatoday.com/spor...all-transfers-brandon-wood-bo-ryan/54557224/1
Okay, so you made look it up in the NCAA by-laws 14,1.8.1 is the exception rule:
14.1.8
Graduate Student/Postbaccalaureate Participation.
A student-athlete who is enrolled in agraduate or professional school of the same institution from which he or she previously received a baccalaureate degree, a student-athlete who is enrolled and seeking a second baccalaureate or equivalent degree at the same institution, or a student-athlete who has graduated and is continuing as a full-time student at the same institutionwhile taking course work that would lead to the equivalent of another major or degree as defined and documented by the institution, may participate in intercollegiate athletics, provided the student has eligibility remaining andsuch participation occurs within the applicable five-year period set forth in Bylaw 14.2 (see Bylaw 14.1.7.2.1.4).
(Revised: 1/10/90, 1/16/93 effective 8/1/93)
14.1.8.1
One-Time Transfer Exception.
A graduate student who is enrolled in a graduate or professional school of an institution other than the institution from which he or she previously received a baccalaureate degree may participate in intercollegiate athletics if the student fulfills the conditions of the one-time transfere xception set forth in Bylaw 14.5.5.2.10 and has eligibility remaining per Bylaw 14.2. A graduate student who does not meet the one-time transfer exception due to the restrictions of Bylaw 14.5.5.2.10-(a) shall qualify for
this exception, provided:
(a)The student fulfills the remaining conditions of Bylaw 14.5.5.2.10;
(b) The student has at least one season of competition remaining; and
(c) The student’s previous institution did not renew his or her athletically related financial aid for the following academic year
______________________________________________________________
Bottom line, if you graduate, you can transfer anywhere you want if the school let's you go free if you have 1 year left. There is no degree/major requirement. The exception is so big that a lot of BB coaches have been trying to close it.