South Carolina Prepaid program running a deficit
South Carolina's prepaid tuition fund had a shortfall of $11,014,364 as of Feb. 28, reports The State.com. A separate report showed a shortfall of $12.3 million as of the end of the last fiscal year, As of June 30, 2002, the deficit was $12.3 million as compared to a deficit of $973,000 one year earlier.
Tuition costs in South Carolina reportedly rose an average of 20 percent last year, compared to a projected rise of 7 percent.
In its most recent enrollment period, the program increased its contract prices nearly 20 percent.
For more information, click hereReturn to 529 News centerTuition costs in South Carolina reportedly rose an average of 20 percent last year, compared to a projected rise of 7 percent.
In its most recent enrollment period, the program increased its contract prices nearly 20 percent.