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28         SECTION 5B - H06 - HIGHER EDUCATION TUITION GRANTS
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30         5B.1.   (HETG: Disbursal of Grant Funds/Interest Earnings)  South Carolina Tuition Grants Program funds shall be disbursed to eligible
31     students on a semester-by-semester basis.  Interest accrued on the balance of undisbursed tuition grants programs funds on deposit with
32     the State Treasurer's Office from September 15 through December 31 shall be calculated by the State Treasurer's Office and transferred
33     within 30 days to the South Carolina Tuition Grants Program to be awarded as tuition grants to eligible students.