South Dakota § 13-55E-10 Schedule for payment to institutions of higher education.

South Dakota Statutes

§ 13-55E-10 — Schedule for payment to institutions of higher education.

South Dakota·Title 13 EDUCATION·Ch. 13-55E ADVANCE PAYMENT OF HIGHER EDUCATION COSTS

The executive director shall establish a schedule for payment to institutions of higher education of the tuition, room and board, or tuition only costs on behalf of beneficiaries. Payment under this section may not begin until the beneficiary applies to and is accepted by the institution of higher education. Upon completion or termination of an advance payment contract, the remaining balance of principal and investment earnings accruing to the contract shall be credited to the account established under § 13-55E-8 .

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The executive director shall establish a schedule for payment to institutions of higher education of the tuition, room and board, or tuition only costs on behalf of beneficiaries. Payment under this section may not begin until the beneficiary applies to and is accepted by the institution of higher education. Upon completion or termination of an advance payment contract, the remaining balance of principal and investment earnings accruing to the contract shall be credited to the account established under § 13-55E-8 .

South Dakota § 13-55E-10 (Schedule for payment to institutions of higher education.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.