SC higher ed agency needs $25M more to pay for scholarships already awarded

By: Jessica Holdman

Outlets: South Carolina Daily Gazette

Published: May 8, 2026

Words: 1,017

Last Updated: 2 months, 2 weeks ago

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COLUMBIA — Miscalculations have left South Carolina’s higher education agency $25 million short of what it needs to pay colleges for state-sponsored scholarships awarded this school year.

It’s a flip from revelations of a $152 million surplus in scholarship money less than three years ago, also due to bad projections.

The state Commission on Higher Education, which oversees the scholarships’ dispersal, learned about the deficit this week, said Executive Director Jeff Perez.

The shortfall …

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