2011 South Dakota Code
Title 13 EDUCATION
Chapter 55. Scholarships And Free Tuition At State Institutions
§13-55-49 Amount of scholarship--Installment payments.
13-55-49. Amount of scholarship--Installment payments. The amount of the scholarship shall be calculated as follows:
(1) Multiply the per student allocation as defined in subdivision 13-13-10.1(4) by seventy-five percent; and
(2) Multiply the result of subdivision (1) by the percentage of the statewide local need as defined in subdivision 13-13-10.1(5) that is paid with funds appropriated for state aid to general education pursuant to chapter 13-13.
One half of the award shall be paid to an approved institution on behalf of any eligible student there enrolled at the beginning of the fall semester, and the other half shall be paid in the same manner at the beginning of the spring semester. A student must be enrolled full-time during the spring semester in order to receive the second installment.
Source: SL 2011, ch 102, § 3.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
