For several years, P5s have guaranteed 4-year scholarships, in all sports, that cannot rescinded for on the field performances. They can be revoked for criminal activities, domestic violence and the such.
Staging a work stoppage doesn't fall in those cateories. What the schools can do is transfer the scholarships to academic scholarships. That allows the athlete to pursue his/her education and the program than shattered up an athletic scholarship.
Should the athlete then decide that the arrangement is not suitable, he/she is free to enter the transfer portal.