Which of the following statements is true of the Division I conference? Choose all that apply. Group of answer choices As of this writing, the Division I conference consists of 340 member institutions; most of these are either in the Football Bowl Subdivision or the Football Championship division. Division I schools, in general, support the philosophy of competitiveness, generation of revenue through athletics, and national success. Division I schools are required to sponsor at least 14 sports programs; FBS institutions must sponsor 16 teams. A typical Division I coach oversees several sport programs and may also hold an academic appointment, an administrative appointment, or teach activities classes. Athletic department budgets at the Division I level, and especially for FBS institutions, may be as much as two to three million dollars