ARSD 67:12:05:28
ARSD 67:12:05:28. Educational grants, stipends, or loans insured by the Secretary of Education not considered available income
Cite as S.D. Admin. R. 67:12:05:28
Any grant, stipend, or loan to any undergraduate student for educational purposes made or insured under any program administered by the United States Secretary of Education is considered an allowable deduction for the purposes of determining available earned income.