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COMMITTEE REPORT
February 13, 2002
H. 4592
Introduced by Reps. Townsend, Martin, Walker, Stille, J. Hines and Stuart
S. Printed 2/13/02--H.
Read the first time January 29, 2002.
To whom was referred a Bill (H. 4592) to amend Section 59-143-30, Code of Laws of South Carolina, 1976, relating to allocations for certain higher education scholarship grants, etc., respectfully
That they have duly and carefully considered the same and recommend that the same do pass:
RONALD P. TOWNSEND for Committee.
TO AMEND SECTION 59-143-30, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO ALLOCATIONS FOR CERTAIN HIGHER EDUCATION SCHOLARSHIP GRANTS, SO AS TO PROVIDE THAT ALLOCATIONS FOR PALMETTO FELLOWS SCHOLARSHIPS SHALL BE ALLOCATED TO STUDENTS BASED ON ACADEMIC CRITERIA ESTABLISHED BY THE COMMISSION ON HIGHER EDUCATION, AND TO PROVIDE THAT THESE STUDENTS MAY THEN USE THESE SCHOLARSHIP FUNDS TO ATTEND ANY ELIGIBLE INSTITUTION IN SOUTH CAROLINA.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 59-143-30 of the 1976 Code, as added by Act 458 of 1996, is amended to read:
"Section 59-143-30. (1) Of the funds made available for higher education scholarship grants from the higher education scholarship grant allocation under Section 59-143-10 of the 1976 Code for any year, a percentage thereof must be allocated for higher education scholarships and grants for students attending South Carolina independent colleges of higher learning in this State. This percentage shall be equivalent to the percentage of the independent colleges' share of the total South Carolina resident undergraduate full-time (FTE) enrollment of all public and independent higher education institutions in South Carolina based on the previous year's data as determined by the Commission on Higher Education and the South Carolina Tuition Grants Commission the Commission on Higher Education shall receive an annual allocation of which fifty percent must be allocated for Need-based Grants and fifty percent must be allocated for Palmetto Fellows Scholarships.
(2) The allocation each year to students at the South Carolina independent colleges under item (1) above shall be used to provide tuition grants under Chapter 113 of Title 59 of the 1976 Code, and Palmetto Fellows Scholarships under Section 59-104-20 of the 1976 Code in the manner the General Assembly shall provide in the annual general appropriations act. Of the funds allocated to independent college students, fifty percent shall be awarded for South Carolina Tuition Grants and fifty percent shall be awarded under the Palmetto Fellows Program. The funds allocated for South Carolina Tuition Grants to South Carolina independent colleges students under this subsection shall be included in the annual appropriation to the Commission on Higher Education and transferred annually into the budget of the South Carolina Tuition Grants Commission in the amount prescribed in item (1) above. The funds allocated for Palmetto Fellows Scholarships to South Carolina independent college students under this subsection shall be included in the annual appropriation to the Commission on Higher Education and may only be awarded to eligible students attending South Carolina independent colleges.
(3) Independent colleges for purposes of this subsection means those institutions eligible to participate in the South Carolina Tuition Grants Program as defined by Section 59-113-50.
(4) Public institutions shall receive the remaining allocation each year of the funds made available for higher education scholarship grants under Section 59-143-10. One-half shall be used to provide higher education need-based grants as provided for in this act or otherwise provided for in state law, and one-half shall be used to provide Palmetto Fellows Scholarships under Section 59-104-20 of the 1976 Code in the manner the General Assembly shall provide in the annual general appropriations act.
(5) The maximum amount of funding provided for awards to students attending South Carolina independent colleges from the Children's Education Endowment Fund for South Carolina Tuition Grants and Palmetto Fellows scholarships shall not exceed the percentage funding calculation described under item (1) above.
Of the allocation each year for Need-based Grants, a percentage thereof must be allocated for students attending South Carolina independent and public colleges.
(a) For students attending independent colleges, this percentage shall be equivalent to the percentage of the independent colleges' share of the total South Carolina resident undergraduate full-time (FTE) enrollment of all public and independent institutions in South Carolina based on the previous year's data as determined by the Commission on Higher Education in consultation with the South Carolina Higher Education Tuition Grants Commission.
(b) Funds allocated as Tuition Grants to South Carolina independent college students under this subsection shall be included in the annual appropriation to the Commission on Higher Education and transferred annually into the budget of the Higher Education Tuition Grants Commission in the amount prescribed in item (a) above.
(c) Independent colleges for purposes of this subsection means those institutions eligible to participate in the Higher Education Tuition Grant Program as defined by Section 59-113-50.
(d) Public institutions shall receive the remaining percentage of the allocation each year from the funds made available for Need-based Grants under Section 59-143-10.
(3) Of the allocation each year for Palmetto Fellows Scholarships, awards will be made to students based on academic criteria established by the Commission on Higher Education, which may be used to attend any eligible institution in South Carolina."
SECTION 2. This act takes effect upon approval by the Governor.
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