South Dakota § 13-55E-5 Limitation on tuition benefits in excess of resident tuition costs.

South Dakota Statutes

§ 13-55E-5 — Limitation on tuition benefits in excess of resident tuition costs.

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

The advance payment contract shall prohibit payment of and the executive director may not pay tuition benefit in excess of resident tuition costs if the:

(1)Purchaser entered into the advance payment contract under an option specified by subdivision 13-55E-4(2); or (2) Beneficiary is determined a resident for tuition purposes by the appropriate institution of higher education at the time of enrollment and the purchaser entered into the advance payment contract under an option specified by subdivision 13-55E-4(2).

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The advance payment contract shall prohibit payment of and the executive director may not pay tuition benefit in excess of resident tuition costs if the: (1) Purchaser entered into the advance payment contract under an option specified by subdivision 13-55E-4(2); or (2) Beneficiary is determined a resident for tuition purposes by the appropriate institution of higher education at the time of enrollment and the purchaser entered into the advance payment contract under an option specified by subdivision 13-55E-4(2).

South Dakota § 13-55E-5 (Limitation on tuition benefits in excess of resident tuition costs.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.