S.C. Code § 59-114-65

Current through 2024 Act No. 209.
Section 59-114-65 - Grants dependent on availability of funds; administration costs

Grants provided pursuant to this chapter are subject to the availability of funds appropriated by the General Assembly. Funds appropriated for the college assistance program may be carried forward and expended for the same purpose. If a midyear budget reduction is imposed by the General Assembly or the Executive Budget Office, as appropriate, the appropriations for the college assistance program are exempt. Up to five percent of the amount appropriated to the college assistance program may be used to defray administrative costs incurred by the commission associated with the implementation of this chapter.

S.C. Code § 59-114-65

Amended by 2014 S.C. Acts, Act No. 151 (HB 3784), s 3, eff. 4/7/2014.
2007 Act No. 40, Section 1, eff 6/4/2007, applicable beginning with the 2007-2008 academic year.