Not since 1973.
On January 13, 1973 the NCAA revised the scholarship system, and voted to institute a one-year scholarship as opposed to the four-year scholarship already in place. Today, Article 15 of the NCAA Manual Bylaws governs the regulations regarding financial aid grants and athletic scholarships for student athletes. As of 2010, Bylaw 15.3.3.1. for Division I athletic programs differs little from the one-year rule invoked in 1973, as it reads, "If a student's athletics ability is considered in any degree in awarding financial aid, such aid shall neither be awarded for a period in excess of one academic year nor for a period less than one academic year."