As dictated by Article 4 of the NCAA Constitution (Bylaw 4.01.2.1), the expenses and allocations to Division II and III schools are locked in at a set percentage of the annual expenses, 4.37 percent and 3.18 percent, respectively.

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This statement is true. The percentages for Division II and III school expenses and allocations are set by Article 4 of the NCAA Constitution (Bylaw 4.01.2.1).

As Dictated by Article 4 of the NCAA Constitution (Bylaw