South Carolina Code of Regulations › Chapter 62 - STATE COMMISSION ON HIGHER EDUCATION › Article III - STUDENT AND INSTITUTION ASSISTANCE › Subarticle C - SOUTH CAROLINA NEED-BASED GRANTS PROGRAM › Section 62-500 - Program Administration and Audits

Current through Register Vol. 48, No. 6, June 28, 2024
A. The South Carolina Commission on Higher
				Education will coordinate the oversight of functions (e.g., guidelines,
				policies, rules, regulations) relative to this program with eligible
				institutions. The Commission on Higher Education shall be responsible for the
				allocation of funds, promulgation of the regulation and rules, any audits, or
				other statewide oversight of the Need-based Grants Program as deemed necessary
				to monitor the expenditure of grant funds.
B. According to the Audit Policies and
				Procedures for Scholarship and Grant Programs Manual, all eligible institutions
				that participate in the program must abide by program policies, rules or
				regulations. Institutions also agree to maintain and provide all pertinent
				information, records, reports, or any information as may be required or
				requested by the Commission on Higher Education or the General Assembly to
				ensure proper administration of the program.
C. Participating institutions are authorized
				to establish additional guidelines, rules, and regulations for awarding the
				grants consistent with the South Carolina Need-based Grants Program Regulation
				contained herein.
D. The Chief
				Executive Officer at each participating institution shall identify to the
				Commission on Higher Education a Need-based Grant institutional representative
				who is responsible for the operation of the program on the campus and will
				serve as the contact person for the program. The institutional representative
				will act as the student fiscal agent to receive and deliver funds for use under
				the program.
E. The institutions
				shall institute a process by which a SC Need-based Grant recipient's lawful
				presence in the United States is verified. The institution shall verify SC
				residency status and lawful presence in the United States upon college
				enrollment. If an institution has determined at any time that a recipient no
				longer meets SC residency requirements, the scholarship will be forfeited and
				funds are to be returned to CHE.
F.
				The participating institution shall identify to the Commission on Higher
				Education an institutional representative who will act as the point of contact
				for all inquiries pertaining to residency and legal presence classification for
				the purposes of awarding the SC Need-based Grant.
G. Independent and public institutions of
				higher learning in this, or any other state in the U.S., are prohibited from
				using the SC Need-based Grant in programs that promote financial aid incentives
				or packages. Any mention of the SC Need-based Grant in these financial aid
				packages must indicate the scholarship to be separate from the University that
				is offering the financial aid package, and reference the SC Need-based Grant as
				a separate financial aid award, provided to the student by the State of South
				Carolina.