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Section 59-2-130. SCCIP Trust Fund monies not to be considered an asset for purposes of eligibility for grant, scholarship, or work opportunity except as required by funding source.

SC Code § 59-2-130 (2019) (N/A)
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Notwithstanding any provision of law, no monies on deposit in the SCCIP Trust Fund shall be considered an asset of either the parent, guardian, or student for purposes of determining an individual's eligibility for a need based grant, a need based scholarship, or a need based work opportunity offered or administered by any state agency except as may be required by the funding source of such financial aid.

HISTORY: 2001 Act No. 72, Section 3(A).

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Section 59-2-120. No promise or guarantee that higher education expenses will be covered in full by trust account; trust accounts and agreements not guaranteed by full faith and credit of the State of South Carolina.
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Section 59-2-140. SCCIP trust fund exempt from legal process, unassignable.