That's not how it works. KU is at no risk of having any of their season washed out. The ncaa has been pretty clear about that from Day One. This is a Cliff issue, not a KU issue. If his family accepted impermissable benefits then Cliff would face a penalty once discovered. If it's more than $1000 (and really, who gets a loan for less than $1000) then the penalty is listed as such: "Eligibility reinstated based on repayment of value of the impermissible benefits received and a minimum withholding condition should be sit-a-season, charge-a-season up to permanent ineligibility."
http://www.ncaa.org/sites/default/files/Division I ACP Guidelines Chart (May 2014).pdf
There isn't a retroactive penalty against the school since they almost never discover situations like this while the players are playing and the player was cleared by the ncaa originally. The only way Cliff could have come back this year was if the amount was $500 or less. I assume the ncaa is aware of what the dollar amount is. Sorry, but this isn't going to be a Kansas problem other than being a player down the rest of the year.
Wichita State's baseball scandal is an example of a cases where a program HAS had to vacate wins due to players receiving impermissible benefits after 21 baseball players were found to have received 50% discounts not available to the general public on all Under Armor gear for a period of two years.
http://www.foxsports.com/mlb/story/...a-probation-for-impermissible-benefits-012915
Kinda different.