South Carolina § 59-114-65 Grants dependent on availability of funds; administration costs.

South Carolina Statutes

§ 59-114-65 — Grants dependent on availability of funds; administration costs.

South Carolina § 59-114-65

Title 59EDUCATION

Ch. 114SOUTH CAROLINA NATIONAL GUARD COLLEGE ASSISTANCE PROGRAM

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Bluebook

S.C. Code Ann. § 59-114-65 (2026).

Text

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.

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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.

Legislative History

HISTORY: 2007 Act No. 40, SECTION 1, eff June 4, 2007, applicable beginning with the 2007-2008 academic year; 2014 Act No. 151 (H.3784), SECTION 3, eff April 7, 2014. Effect of Amendment 2014 Act No. 151, SECTION 3, added the second and third sentences, relating to the carry forward of funds and midyear budget reduction.