Current Status Introducing Body:Senate Bill Number:994 Primary Sponsor:Mullinax Committee Number:04 Type of Legislation:GB Subject:Criminal Justice Education Incentive Loan Act Residing Body:Senate Current Committee:Education Computer Document Number:DKA/3411.AL Introduced Date:May 16, 1991 Last History Body:Senate Last History Date:May 16, 1991 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Mullinax O'Dell Hinds Gilbert Land Type of Legislation:General Bill
Bill Body Date Action Description CMN
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994 Senate May 16, 1991 Introduced, read first time, 04
referred to Committee
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TO AMEND TITLE 59, CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING CHAPTER 108 SO AS TO CREATE THE SOUTH CAROLINA CRIMINAL JUSTICE EDUCATION INCENTIVE LOAN ACT.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Title 59 of the 1976 Code is amended by adding:
Section 59-108-10. This chapter may be cited as `The South Carolina Criminal Justice Education Incentive Loan Act'.
Section 59-108-20. The meaning of certain terms and words are as stated in Section 59-115-20 unless designated otherwise.
Section 59-108-30. The State Education Assistance Authority is authorized to make all student loans prescribed by it and pursuant to the provisions of this chapter.
Section 59-108-40. Qualifying students may receive loans for the actual cost of tuition and required texts, not to exceed three thousand dollars for each academic year. No person may qualify for a loan for a period of time that exceeds two academic years of full-time enrollment and a new application must be submitted for each academic year for which tuition assistance is sought.
Section 59-108-50. A person who is a South Carolina resident for at least one year at the time of application and who has been accepted for admission into or enrolled in a college degree program at a state supported college may apply for a loan to the Education Assistance Authority.
Section 59-108-60. In addition to the regulations promulgated by the Education Assistance Authority an applicant for participation in the program shall:
(1) enter into a contractual agreement with the State for satisfaction or repayment of the financial aid;
(2) maintain an overall 2.0 grade point average on a 4.0 scale to continue to be eligible for the program.
Section 59-108-70. A recipient of the financial aid offered pursuant to this chapter may satisfy his financial obligation to the State in the following manner:
(1) service as a full-time commissioned law enforcement officer, public safety officer, correctional officer, or in a full-time direct support position within a state, county, or municipal law enforcement agency in South Carolina. The recipient's obligation will be canceled at the rate of twenty-five percent of the amount of the obligation for each actual year of service.
A recipient who dies or becomes disabled as a direct result of a service-connected injury, and meets the requirements for state disability income or retirement as a result of the injury is not responsible for repayment of his obligation until he is able, as determined by the State, to resume a position stated in this item.
(2) repayment of the loan amount or the pro rata remainder of the amount plus twelve percent interest if the recipient is not employed in a position by which the loan may be canceled as outlined in item (1) or if, after becoming so employed, the recipient fails to maintain employment for a sufficient length of time to fully cancel the financial obligation.
Section 59-108-80. (A) Loan repayment must begin not later than six months after discontinuance in the program unless employment is obtained pursuant to Section 59-108-70(1). Completion of two academic years of study or failure to enroll or to complete the applicable course of study for two consecutive academic terms constitutes discontinuance in the program.
(B) Monetary repayment may be made in sixteen installment payments, due each quarter. All loans must be paid within forty-eight months after the initial installment."
SECTION 2. This act takes effect upon approval by the Governor.