South Carolina § 59-4-120 Tuition increase above seven percent prohibited for participating institutions.

South Carolina Statutes

§ 59-4-120 — Tuition increase above seven percent prohibited for participating institutions.

South Carolina § 59-4-120

Title 59EDUCATION

Ch. 4SOUTH CAROLINA TUITION PREPAYMENT PROGRAM

This text of South Carolina § 59-4-120 (Tuition increase above seven percent prohibited for participating institutions.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 59-4-120 (2026).

Text

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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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.