S.C. Code Regs. § § 19-1270
Current through Register Vol. 48, No. 10, October 25, 2024
Section 19-1270 - Beneficiary EligibilityA. For each annual application period, a designated beneficiary is defined as an individual who is under the age of 21 on the first day of the month in which the application period begins, has not completed the 10th grade, and is a resident of South Carolina.B. The designated beneficiary of the tuition prepayment contract must be a South Carolina resident for at least twelve (12) months prior to a contributor's application for a tuition prepayment contract. This requirement does not apply in the case of a child born in South Carolina and under the age of one (1) on the date of application.S.C. Code Regs. § 19-1270
Added by State Register Volume 22, Issue No. 6, Part 1, eff June 26, 1998.