South Dakota Administrative Rules
Title 24 - EDUCATION
Article 24:40 - Scholarships and grants
Chapter 24:40:02 - Student incentive grant program
Section 24:40:02:19 - Determination of allowances for entrant institutions

Universal Citation: SD Admin Rules 24:40:02:19
Current through Register Vol. 51, page 43, September 23, 2024

The allowances of direct matched funds and indirect match funds for entrant institutions shall be determined by the secretary by multiplying the entrant institution's current enrollment of full-time students by the average Pell grant expenditure for each enrolled, full-time postsecondary student for the third preceding school fiscal year at all eligible institutions within the state. This method of computing allowances for entrant institutions shall be used by the secretary until the entrant institutions satisfy the requirements of § 24:40:02:13. An entrant institution enrolling less than 100 qualified students whose allowances are computed according to this section shall receive not less than $500.

General Authority: SDCL 13-55A-11.

Law Implemented: SDCL 13-55A-11.

Disclaimer: These regulations may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.