S.C. Code Ann. § 59-21-160
Beginning with appropriations for school year 1998-99, state funds appropriated by the General Assembly for school district employer contributions must be allocated to individual school districts based on the Education Finance Act formula. State appropriations for school district employer contributions for school years before 1998-99 must be allocated using the EFA formula and the weighted pupil method in the following percentages:
School Year Weighted Pupil Method EFA Formula
1994"95 forty percent sixty percent
1995"96 thirty percent seventy percent
1996"97 twenty percent eighty percent
1997"98 ten percent ninety percent.