S 994 Session 109 (1991-1992)
S 0994 General Bill, By M.F. Mullinax, F. Gilbert, D.L. Hinds, Land and O'Dell
A Bill to amend Title 59, Code of Laws of South Carolina, 1976, by adding
Chapter 108 so as to create the South Carolina Criminal Justice Education
Incentive Loan Act.
05/16/91 Senate Introduced and read first time SJ-11
05/16/91 Senate Referred to Committee on Education SJ-11
A BILL
TO AMEND TITLE 59, CODE OF LAWS OF SOUTH CAROLINA,
1976, BY ADDING CHAPTER 108 SO AS TO CREATE THE SOUTH
CAROLINA CRIMINAL JUSTICE EDUCATION INCENTIVE LOAN
ACT.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Title 59 of the 1976 Code is amended by adding:
"CHAPTER 108
South Carolina Criminal Justice Education
Incentive Loan Act
Section 59-108-10. This chapter may be cited as `The South
Carolina Criminal Justice Education Incentive Loan Act'.
Section 59-108-20. The meaning of certain terms and words are as
stated in Section 59-115-20 unless designated otherwise.
Section 59-108-30. The State Education Assistance Authority is
authorized to make all student loans prescribed by it and pursuant to the
provisions of this chapter.
Section 59-108-40. Qualifying students may receive loans for the
actual cost of tuition and required texts, not to exceed three thousand
dollars for each academic year. No person may qualify for a loan for a
period of time that exceeds two academic years of full-time enrollment
and a new application must be submitted for each academic year for
which tuition assistance is sought.
Section 59-108-50. A person who is a South Carolina resident for at
least one year at the time of application and who has been accepted for
admission into or enrolled in a college degree program at a state
supported college may apply for a loan to the Education Assistance
Authority.
Section 59-108-60. In addition to the regulations promulgated by the
Education Assistance Authority an applicant for participation in the
program shall:
(1) enter into a contractual agreement with the State for
satisfaction or repayment of the financial aid;
(2) maintain an overall 2.0 grade point average on a 4.0 scale
to continue to be eligible for the program.
Section 59-108-70. A recipient of the financial aid offered pursuant
to this chapter may satisfy his financial obligation to the State in the
following manner:
(1) service as a full-time commissioned law enforcement
officer, public safety officer, correctional officer, or in a full-time direct
support position within a state, county, or municipal law enforcement
agency in South Carolina. The recipient's obligation will be canceled at
the rate of twenty-five percent of the amount of the obligation for each
actual year of service.
A recipient who dies or becomes disabled as a direct result of a
service-connected injury, and meets the requirements for state disability
income or retirement as a result of the injury is not responsible for
repayment of his obligation until he is able, as determined by the State,
to resume a position stated in this item.
(2) repayment of the loan amount or the pro rata remainder of
the amount plus twelve percent interest if the recipient is not employed
in a position by which the loan may be canceled as outlined in item (1)
or if, after becoming so employed, the recipient fails to maintain
employment for a sufficient length of time to fully cancel the financial
obligation.
Section 59-108-80. (A) Loan repayment must begin not later than
six months after discontinuance in the program unless employment is
obtained pursuant to Section 59-108-70(1). Completion of two
academic years of study or failure to enroll or to complete the applicable
course of study for two consecutive academic terms constitutes
discontinuance in the program.
(B) Monetary repayment may be made in sixteen installment
payments, due each quarter. All loans must be paid within forty-eight
months after the initial installment."
SECTION 2. This act takes effect upon approval by the Governor.
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