South Carolina Statutes
§ 59-4-120 — Tuition increase above seven percent prohibited for participating institutions.
For purposes of the Tuition Prepayment Program, the annual increase in tuition for an institution cannot exceed seven percent per year from Fiscal Year 2006-2007. To the extent that actual tuition for an institution exceeds an annual growth of seven percent per year, the institution shall grant a waiver of the difference to the designated beneficiary and must not pass along the difference to any student.
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South Carolina § 59-4-120 (Tuition increase above seven percent prohibited for participating institutions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 2008 Act No. 246, SECTION 2, eff July 1, 2008.
Nearby Sections
13
§ 59-4-10
Short title; purpose.§ 59-4-110
New participants prohibited.§ 59-4-20
Definitions.§ 59-4-70
Annual financial report.§ 59-4-90
Payroll deductions.