1. A. The Commission may review institutional administrative practices to determine institutional compliance with pertinent statutes, guidelines, rules or regulations. If such a review determines that an institution has failed to comply with program statutes, guidelines, rules or regulations, the Commission may suspend, terminate, or place certain conditions upon the institution’s continued participation in the program and require reimbursement to the State Need-based Grants Program for any funds lost or improperly awarded.
2. B. Upon receipt of evidence that an institution has failed to comply, the Commission on Higher Education shall notify the institution in writing of the nature of such allegations and conduct an audit.
3. C. If an audit indicates that a violation or violations may have occurred or are occurring at any public or independent college or university, the Commission on Higher Education shall secure immediate reimbursement from the institution in the event that any funds were expended out of compliance with the provisions of the Act, any relevant statutes, guidelines, rules, and regulations.

Editor's Note

See SCSR 45-8 Doc. No. 5048, effective August 13, 2021 for 90 days, which promulgated emergency amendments to SC ADC 62-450 to 62-505, providing the maximum funding amount that students may receive in a South Carolina Need-based Grant, as well as providing the institutions the ability to award and disburse the SC Need-based Grant for up to three terms a year, within the maximum annual funding amount to eligible students.

See SCSR 45-11 Doc. No. 5094, effective November 10, 2021 for 90 days, which promulgated emergency amendments to SC ADC 62-450 to 62-505, providing the maximum funding amount that students may receive in a South Carolina Need-based Grant, as well as providing the institutions the ability to award and disburse the SC Need-based Grant for up to three terms a year, within the maximum annual funding amount to eligible students.

HISTORY: Added by State Register Volume 27, Issue No. 6, Part 2, eff June 27, 2003. Amended by State Register Volume 32, Issue No. 6, eff June 27, 2008; State Register Volume 33, Issue No. 6, eff June 26, 2009; State Register Volume 35, Issue No. 6, eff June 24, 2011; SCSR 46-5 Doc. No. 5054, eff May 27, 2022.