S.D. Codified Laws § 13-13-85

Current through the 2024 Legislative Session
Section 13-13-85 - Transfer of funds for jump start scholarships

The secretary of the Department of Education shall transfer on a noncash basis to the executive director of the Board of Regents the amount of state aid to education funds necessary to award jump start scholarships pursuant to §§ 13-55-47 to 13-55-51, inclusive, to all students admitted into the scholarship program for that fiscal year. One-half of the necessary amount shall be transferred by October fifteenth for distribution for the first semester, and one-half of the necessary amount shall be transferred by March fifteenth for distribution for the second semester.

SDCL 13-13-85

SL 2011, ch 102, §6; SL 2015, ch 89, §18.
Amended by S.L. 2015, ch. 89,s. 18, eff. 7/1/2015.