There is a newer version of the South Carolina Code of Laws
2012 South Carolina Code of Laws
Title 59 - Education
Chapter 113 - TUITION GRANTS
Section 59-113-45 - Disbursement of funds; awards of accrued interest on undisbursed funds.
SC Code § 59-113-45 (2012) What's This?
South Carolina Tuition Grant funds shall be disbursed to eligible students on a semester-by-semester basis. Interest accruing on the balance of undisbursed tuition grant funds on deposit with the State Treasurer's office from September fifteenth through December thirty-first shall be calculated by the State Treasurer's office and transferred within thirty days to the South Carolina Tuition Grant Commission to be awarded as tuition grants to eligible students.
HISTORY: 1998 Act No. 419, Part II, Section 8A.
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