Statutes, codes, and regulations
South Dakota Administrative Rules
Title 24 - EDUCATIONArticle 24:40 - Scholarships and grants
Chapter 24:40:02 - Student incentive grant program
Section 24:40:02:17 - Determination of institution's allowance of direct matched funds

S.D. Admin. R. 24:40:02:17

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Current through Register Vol. 51, page 67, December 16, 2024
Section 24:40:02:17 - Determination of institution's allowance of direct matched funds

Each eligible institution's allowance of direct matched funds shall be determined by computing each participating institution's percentage of the total of all participating institutions' average Pell grant expenditures from the second, third, and fourth preceding school fiscal years and applying this percentage against any available direct matched funds. No participating eligible institution or entrant institution whose allowance is computed according to this section shall receive less than $1,000.

S.D. Admin. R. 24:40:02:17

8 SDR 14, effective 8/18/1981; repealed, 11 SDR 96, 11 SDR 112, effective 7/1/1985; reenacted, 12 SDR 44, effective 9/24/1985.

General Authority: SDCL 13-55A-11.

Law Implemented: SDCL 13-55A-11.