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 § 13-55E-10

Title 13EDUCATION

Ch. 13-55EADVANCE PAYMENT OF HIGHER EDUCATION COSTS

This text of South Dakota § 13-55E-10 (Schedule for payment to institutions of higher education.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 13-55E-10 (2026).

Text

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 .