The commission shall disburse grants awarded pursuant to this chapter to the eligible institutions to be placed in an account established for each eligible student. In the event that a student who has received a grant withdraws, is suspended, or otherwise becomes ineligible, the institution must reimburse the college assistance program for the amount of the grant for the applicable term pursuant to the refund policies of the institution. The institution is responsible for collecting any amount due to the institution from the student. The commission shall administer the provisions of this chapter and shall promulgate regulations necessary to implement the provisions of this chapter.
HISTORY: 2001 Act No. 41, Section 2; 2007 Act No. 40, Section 1, eff June 4, 2007, applicable beginning with the 2007-2008 academic year.
Effect of Amendment
The 2007 amendment rewrote this section.
Structure South Carolina Code of Laws
Chapter 114 - South Carolina National Guard College Assistance Program Act
Section 59-114-10. Short title.
Section 59-114-20. Definitions.
Section 59-114-30. College assistance program grants; restrictions.
Section 59-114-40. Qualification requirements.
Section 59-114-65. Grants dependent on availability of funds; administration costs.