OT: Fantasy Football Illegal?

I recently was told that it is against NCAA rules for a student-athlete to participate in fantasy football or any other fantasy sport, regardless if it is for money or not. Can anyone verify? If it is true it is pure crap.

I would not be surprised, we are talking about the NCAA here.

If there is no charge to play and no monetary reward for winning, I donโ€™t see how they could deem it โ€œillegalโ€. Now if there is a charge to play and money to the winner(s), then they could. That could be considered gambling, technically. Rick Neuheisel lost his job because the school feared sanctions resulting from his running or participation of an NCAA BASKETBALL Pool, and heโ€™s not even a player. You can believe the NCAA would be even harsher with their sanctions if it were an athlete.