Last week, the S.C. House approved its version of the state budget and there was much good news for SCICU member institutions and their students.
The House budget fully funds S.C. merit scholarships (Palmetto Fellows, LIFE and HOPE Scholarships) and retains from last year the $20 million in lottery funding for the S.C. Tuition Grants Program. Thanks to the General Assembly’s support, the Tuition Grants Commission approved increasing the maximum grant for the 2023-24 academic year from $4,500 to $4,700. That’s great news for the about 12,000 S.C. residents who receive a Tuition Grant.
The budget now goes to the state Senate, which, after its deliberations, is scheduled to vote on the budget in the middle of April.