{"data":{"id":"us-sd/sdcl-13-55e-4","jurisdiction":"us-sd","citation":"SDCL § 13-55E-4","heading":"Specification of payment options.","body":"The advance payment contract shall specify one of the payment options specified under this section to be required from the purchaser on behalf of the beneficiary. The one-time advance payment shall be made in cash or cash equivalents at the time the contract is signed. The executive director shall annually determine the amount of the one-time advance payment for each of the following payment options:\n(1) Not to exceed four academic semesters of resident tuition, room and board at any state-supported university;\n(2) Not to exceed four academic semesters of nonresident tuition, room and board at any state-supported university;\n(3) Not to exceed four academic semesters of resident tuition at any state-supported university; or\n(4) Not to exceed four academic semesters of nonresident tuition at any state-supported university.","path":["TITLE 13. EDUCATION","CHAPTER 13-55E. ADVANCE PAYMENT OF HIGHER EDUCATION COSTS"],"source_url":"https://sdlegislature.gov/Statutes/13-55E-4","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"68e9c91949c9ac2084f77dab66ea14621331c40cbd17ecdb38e5ddd5b93e1eaf","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-13-55e-3","next":"us-sd/sdcl-13-55e-5"},"notice":"GroundRules: Original legal text. Not legal advice."}