Unless Idaho, NMSU, Denver & Seattle pull something out of their collective a$$e$ like enticing Montana, MSU, UND and a couple more to move over, you can just go ahead and drop the WAC & move the Big East to the below the line list:
SEC, Pac 12, B1G, ACC, Big 12
------- the line -------
C-USA, Sun Belt, MAC, Mountain West, Big East
As 82 SiouxGuy said, the difference between above and below the line will more than likely be stipends, not # of scholarships - TV $$