SC H4738

Eliminates the Governor's Teaching Scholarship Loan Program, which provided up to $5,000 annually to students becoming certified public school teachers with loan forgiveness for five years of teaching service

Transfers responsibility for the South Carolina Educator Preparation Report Card from the Commission on Higher Education to the State Department of Education

Removes the requirement for the State Board for Technical and Comprehensive Education to submit budget documentation for college parallel courses to the Commission on Higher Education for review before submitting budget requests

Repeals numerous sections of state code including the South Carolina Research University Infrastructure Act, the Advisory Council of Private College Presidents, the Competitive Grants Program, the Endowed Professorships Program, the Research Investment Fund, and the College Loan Program for National Guard Members

Updates Education Lottery appropriation provisions by removing obsolete fiscal year 2001-2003 specific allocations while maintaining authority for the Commission on Higher Education to transfer funds between line items for timely scholarship distribution