South Dakota § 13-13-85 Transfer of funds for jump start scholarships.

South Dakota Statutes

§ 13-13-85 — Transfer of funds for jump start scholarships.

South Dakota § 13-13-85

Title 13EDUCATION

Ch. 13-12GENERAL STATE AID TO SCHOOLS

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Bluebook

S.D. Codified Laws § 13-13-85 (2026).

Text

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.

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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.