The student must not be in default on a Federal Title IV or State of South Carolina educational loan, nor owe a refund on a Federal Title IV or State of South Carolina student financial aid program. If the student has repaid the defaulted loan or refund in full, he is eligible to obtain a LIFE Scholarship in the future.
Default on education loan
S.C. Code Ann. § 59-149-70, under Title 59, Chapter 149.
S.C. Code Ann. § 59-149-70