2003-2004 Bill 3557: LIFE Scholarship; Regulations Approved - South Carolina Legislature Online

1 South Carolina General Assembly 2 115th Session, 2003-2004 3 4 H. 3557 5 6 STATUS INFORMATION 7 8 Joint Resolution 9 Sponsors: Education and Public Works Committee 10 Document Path: l:\council\bills\nbd\11213ac03.doc 11 12 Introduced in the House on February 11, 2003 13 Introduced in the Senate on February 13, 2003 14 Currently residing in the Senate Committee on Education 15 16 Summary: LIFE Scholarship; regulations approved 17 18 19 HISTORY OF LEGISLATIVE ACTIONS 20 21 Date Body Action Description with journal page number 22 2/11/2003 House Introduced, read first time, placed on calendar without reference HJ-9 23 2/12/2003 House Read second time HJ-25 24 2/13/2003 House Read third time and sent to Senate HJ-13 25 2/13/2003 Senate Introduced and read first time SJ-9 26 2/13/2003 Senate Referred to Committee on Education SJ-9 27 28 29 VERSIONS OF THIS BILL 30 31 2/11/2003 32 2/11/2003-A 33 1 INTRODUCED 2 February 11, 2003 3 4 H. 3557 5 6 Introduced by Education and Public Works Committee 7 8 S. Printed 2/11/03--H. 9 Read the first time February 11, 2003. 10 11

1 [3557-1] 1 2 3 4 5 6 7 8 9 A JOINT RESOLUTION 10 11 TO APPROVE REGULATIONS OF THE COMMISSION ON 12 HIGHER EDUCATION, RELATING TO LEGISLATIVE 13 INCENTIVES FOR FUTURE EXCELLENCE (LIFE) 14 SCHOLARSHIP PROGRAM, DESIGNATED AS 15 REGULATION DOCUMENT NUMBER 2753, PURSUANT TO 16 THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF 17 THE 1976 CODE. 18 19 Be it enacted by the General Assembly of the State of South 20 Carolina: 21 22 SECTION 1. The regulations of the Commission on Higher 23 Education, relating to Legislative Incentives for Future Excellence 24 (LIFE) Scholarship Program, designated as Regulation Document 25 Number 2753, and submitted to the General Assembly pursuant to 26 the provisions of Article 1, Chapter 23, Title 1 of the 1976 Code, 27 are approved. 28 29 SECTION 2. This joint resolution takes effect upon approval by 30 the Governor. 31 ----XXX---- 32 33 SUMMARY AS SUBMITTED 34 BY PROMULGATING AGENCY. 35 36 The Commission on Higher Education proposes to add in its 37 entirety R.62-900.1-70 for the Legislative Incentives for Future 38 Excellence (LIFE) Scholarship Program. The LIFE Scholarship 39 Program was established under Act 418 in 1998 and amended by 40 the S.C. Education Lottery Act during the 2002 legislative session 41 to authorize funding for scholarships up to the cost-of-tuition, not 42 to exceed four thousand seven hundred dollars, plus a three

1 [3557] 1 1 hundred dollar book allowance (maximum $5,000 including 2 cost-of-tuition plus book allowance) for students attending a 3 four-year public institution. Eligible students attending a four-year 4 independent institution may receive funding to cover the 5 cost-of-attendance up to a maximum of the average annual 6 cost-of-tuition at the state’s four-year public institutions, not to 7 exceed four thousand seven hundred dollars, plus a three hundred 8 dollar book allowance (maximum $5,000 including cost-of-tuition 9 plus book allowance). Two-year public or technical colleges may 10 award up to the cost-of-tuition plus a three hundred dollar book 11 allowance. The two-year independent institution may award the 12 maximum cost-of-tuition at the two-year USC regional institutions 13 plus a three hundred dollar book allowance. The Commission on 14 Higher Education shall develop the LIFE Scholarship Program in 15 order to increase access to higher education, improve the 16 employability of South Carolina students so as to attract business 17 to the State, provide incentives for students to be better prepared 18 for college, and to encourage students to graduate from college on 19 time. The law authorizes the Commission on Higher Education to 20 promulgate regulation to administer and set forth the terms of the 21 LIFE Scholarship Program. 22 ----XX---- 23

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