(A) The Commission on Higher Education shall request state funds to implement a program to endow salary enhancements for outstanding faculty in technical colleges and two-year campuses of the University of South Carolina. The purpose of the program is to enable the state's two-year college systems to retain and reward outstanding instructional personnel.
(B) The commission, in collaboration with the State Board for Technical and Comprehensive Education and the University of South Carolina, shall establish procedures to implement the program. Each salary enhancement must be supported by an endowment fund created especially for that purpose. Half of the corpus of each fund must be provided by the commission through this program, and half must be provided by the institution from private sources specifically donated for this purpose.
(C) The State Treasurer shall establish a separate fund consisting of any funds appropriated for all salary enhancements plus accrued interest received. Any amount remaining in the established fund at the end of any fiscal year must be carried forward to the next fiscal year to be used for salary enhancements. Funds in the specified amounts to support each salary enhancement may be transferred by the commission to each eligible institution.
HISTORY: 1988 Act No. 629, Section 1; 1996 Act No. 359, Section 10.
Structure South Carolina Code of Laws
Chapter 104 - Initiatives For Research And Academic Excellence
Section 59-104-10. Admission standards; adoption of admission policies.
Section 59-104-25. Additional Palmetto Fellows Scholarship stipend.
Section 59-104-30. Developmental education plans, studies, and programs.
Section 59-104-210. Competitive grants program established.
Section 59-104-220. Governor's Professor of the Year Award established.
Section 59-104-230. Endowed professorships program.
Section 59-104-240. Salary enhancement program for technical colleges and two-year campuses.
Section 59-104-260. Commission shall encourage development of joint programs.
Section 59-104-410. Research Investment Fund.
Section 59-104-420. Criteria for use of fund.
Section 59-104-430. Comprehensive reports to be made at the end of fiscal year.
Section 59-104-440. Allocation of funds.
Section 59-104-610. Statewide planning system.
Section 59-104-620. Advisory Council on Planning.
Section 59-104-630. Individual planning process.
Section 59-104-640. Prospectus for planning; statewide planning document; revisions.