Notwithstanding any provision of law, no monies on deposit in the SCCIP Trust Fund shall be considered an asset of either the parent, guardian, or student for purposes of determining an individual's eligibility for a need based grant, a need based scholarship, or a need based work opportunity offered or administered by any state agency except as may be required by the funding source of such financial aid.
HISTORY: 2001 Act No. 72, Section 3(A).
Structure South Carolina Code of Laws
Chapter 2 - South Carolina College Investment Program
Section 59-2-20. Findings and Purpose.
Section 59-2-40. State Treasurer responsible for SCCIP and SCTPP programs.
Section 59-2-50. Powers of State Treasurer.
Section 59-2-60. Investment trust agreements.
Section 59-2-70. South Carolina College Investment Trust Fund.
Section 59-2-80. Tax features.
Section 59-2-85. Contributions through payroll deductions.
Section 59-2-90. Investment of trust funds.
Section 59-2-110. Disclaimer as to admission, continued enrollment, or graduation.
Section 59-2-140. SCCIP trust fund exempt from legal process, unassignable.
Section 59-2-150. State Treasurer, others not responsible for determining specified information.