S.C. Code Regs. 62-500 - Program Administration and Audits
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.
Notes
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