The NCAA Division I Board of Directors ratified a number of new policies on Monday, including two major ones regarding transfers and Name, Image and Likeness.

Effective immediately, undergraduate student-athletes can now transfer an unlimited number of times provided they are in good academic standing at their previous institution. Previously, undergraduate athletes could transfer only once without having to sit out a year.

In addition, schools will now be able to facilitate NIL deals between student-athletes and third parties. Beginning Aug. 1, schools will be able to increase NIL-related support for athletes who disclose their NIL arrangements.

Finally, the Pac-12 loses its “Power 5″/autonomy conference voting status as of Aug. 2. This move comes in response to 10 members of the league leaving for the Big Ten or Big 12, leaving only Washington State and Oregon State as Pac-12 members.

Washington State and Oregon State remain Pac-12 members, but have reached a scheduling agreement with the Mountain West in various sports. However, any future iteration of the Pac-12 will be considered a non-autonomy (“Group of 5″) conference such as the Sun Belt or Conference USA.