http://www2.ncaa.org/portal/academics_and_..._penalties.html
Football Bowl Subdivision Football
In Football Bowl Subdivision football, teams may provide scholarships to not more than 85 student-athletes, with up to 25 scholarships awarded to incoming student-athletes (e.g., freshmen, transfers, first-time aid recipients). For Football Bowl Subdivision teams subject to immediate scholarship penalties, the first three penalized scholarships will be charged against both the initial-counter and overall team-counter limits, with remaining penalties (if applicable) countable against the overall team maximum.
Example:
At the conclusion of the 2006-07 academic year, the team’s NCAA Division I Academic Progress Rate (APR) was still below 925, even with the squad-size adjustment. Six student-athletes left the institution and were not academically eligible; therefore, the team was subject to six scholarship penalties. The team deducted the first three scholarships from the number reserved for incoming student-athletes (25-3=22) and from the overall maximum allowed (85-3=82). It then took the remaining three scholarship penalties from the overall limit (82-3=79). Therefore, the football team could award not more than 22 scholarships to initial counters (i.e., to incoming student-athletes) and not more than 79 overall.