Foul before ball inbounded (NCAA)

[DrakeM]

Saw this topic on that "other" board, but would rather bring it up here.
Sitch. A is up by one with 10 seconds left in the game. A is inbounding the ball. B fouls A's worst free throw shooter BEFORE the ball is thrown in, or completely away from the play.
Why does the NCAA/NF allow this type of play with NO additional penalty? I have seen it over and over this season, and in several tourny games this weekend.
I love the NBA rule. If you foul before the ball is released on the throw in, or away from the play under two minutes in the 4th or OT, you get a FT (anyone on the floor can shoot) plus possession.
Thoughts?
Drake