ARSD 67:12:05:28 – Educational grants, stipends, or loans insured by the Secretary of Education not considered available income.

Any grant, stipend, or loan to any undergraduate student for educational purposes made or insured under any program administered by the United States Secretary of Education is considered an allowable deduction for the purposes of determining available earned income.

Source: SL 1975, ch 16, § 1; 5 SDR 48, effective December 19, 1978; 7 SDR 66, 7 SDR 89, effective July 1, 1981 ; 52 SDR 55, effective December 2, 2025 .

General Authority: SDCL 28- 6-1 .

Law Implemented: SDCL 28- 6-1 .

Prior versions effective: 1981-07-01.