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32     SECTION 5B - H06 - HIGHER EDUCATION TUITION GRANTS
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34          5B.1.   (HETG: Disbursal of Grant Funds/Interest Earnings)  South Carolina Tuition Grants Program funds shall be disbursed to



        SECTION 5B - H06 - HIGHER EDUCATION TUITION GRANTS                                    PAGE 413

 1     eligible students on a semester-by-semester basis.  Interest accrued on the balance of undisbursed tuition grants programs funds on deposit
 2     with the State Treasurer's Office from September 15 through December 31 shall be calculated by the State Treasurer's Office and
 3     transferred within 30 days to the South Carolina Tuition Grants Program to be awarded as tuition grants to eligible students.
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