S.D. Admin. R. 67:12:05:28

Current through Register Vol. 51, page 57, November 12, 2024

Section 67:12:05:28 - Educational grants, stipends, or loans insured by commissioner 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 commissioner of education shall not be considered available income.

S.D. Admin. R. 67:12:05:28

SL 1975, ch 16, § 1; 5 SDR 48, effective 12/19/1978; 7 SDR 66, 7 SDR 89, effective 7/1/1981.

General Authority: SDCL 28-7-2.

Law Implemented: SDCL 28-7-4.

Educational grants insured by the commissioner of education, 45 C.F.R. § 233.20 (a)(4)(ii)(d).