13-55A-4. Amount of grant.
A participating eligible institution shall award a South Dakota need-based grant to a qualified student for the normal academic year, or its equivalent, from a range of not less than five hundred dollars nor more than two thousand dollars. The institution making the recommendation for each South Dakota need-based grant shall consider any other financial assistance available to the qualified student in relation to the financial assistance available to other qualified students attending that institution and may not exceed the lesser of the unmet need of the qualified student or the amount of qualifying matching aid.
Source: SL 1974, ch 141, §5; SL 1981, ch 159, §3; SL 1982, ch 156, §1; SL 2010, ch 104, §4; SL 2013, ch 92, §4, eff. Mar. 12, 2013.
Structure South Dakota Codified Laws
Chapter 55A - Need-Based Grants
Section 13-55A-1 - Finding as to public interest.
Section 13-55A-2 - Definitions.
Section 13-55A-3 - Students qualified to receive grants.
Section 13-55A-4 - Amount of grant.
Section 13-55A-5 - Information required to make financial need determination.
Section 13-55A-10 - Refund to state if student discontinues attendance.
Section 13-55A-11 - Executive director to administer program.
Section 13-55A-12 - Need-based matching program.
Section 13-55A-12.1 - Acceptance and expenditure of state and private funds--Warrants and vouchers.
Section 13-55A-13 - Severability of provisions.
Section 13-55A-14 - Postsecondary scholarship grant fund created.
Section 13-55A-15 - South Dakota freedom scholarship board––Establishment.