S.C. Code Regs. § 19-1260 - Contract Exclusions

A. The tuition prepayment contract will not provide for benefits associated with graduate programs. Fund payments may only be applied toward the attainment of an undergraduate degree.

B. The tuition prepayment contract will not provide for benefits payable for adult basic, adult secondary, or Postsecondary adult vocational learning programs. Fund payments may only be applied toward the attainment of an undergraduate degree.

C. The Fund shall make no payments toward expenses related to dormitory or other housing programs.

D. The Fund shall make no payments toward the expenses of books or non-mandatory fees.

E. In the event that a designated beneficiary does not meet the residency requirements for in-state tuition and fees at the time of matriculation at a college or university, the designated beneficiary shall be responsible for the difference in tuition and fees imposed by the college or university and the benefits provided by the tuition prepayment contract.

Notes

S.C. Code Regs. § 19-1260

Added by State Register Volume 22, Issue No. 6, Part 1, eff June 26, 1998.