{"data":{"id":"us-sd/sdcl-13-55e-1","jurisdiction":"us-sd","citation":"SDCL § 13-55E-1","heading":"Definition of terms.","body":"Terms used in this chapter mean:\n(1) \"Advance payment contract,\" a contract entered into by the executive director and a purchaser pursuant to this chapter to provide for the higher education of a beneficiary;\n(2) \"Beneficiary,\" the person designated within the advance payment contract to receive tuition, room and board, or tuition only at a state-supported institution of higher education;\n(3) \"Executive director,\" the executive director of the Board of Regents;\n(4) \"Institution of higher education,\" any state-supported university;\n(5) \"Purchaser,\" any person obligated to make an advance payment of tuition, room and board, or tuition only costs on behalf of a beneficiary pursuant to an advance payment contract;\n(6) \"Room and board costs,\" the amount assessed for lodging and regularly scheduled meals provided to students pursuant to a contract for room and board with an institution of higher education;\n(7) \"Tuition costs,\" the amount assessed for full-time enrollment at an institution of higher education including mandatory fees imposed upon all full-time students as a condition of enrollment.","path":["TITLE 13. EDUCATION","CHAPTER 13-55E. ADVANCE PAYMENT OF HIGHER EDUCATION COSTS"],"source_url":"https://sdlegislature.gov/Statutes/13-55E-1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"3a911643a286d10501fb0eeda2819b21c6632d674b4bc2c30e1b274258458b60","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-13-55d-1","next":"us-sd/sdcl-13-55e-2"},"notice":"GroundRules: Original legal text. Not legal advice."}