South Carolina State Diverted Funds to Deal With Deficits

April 9, 2014

South Carolina officials have determined that South Carolina State University diverted $6.5 million in funds intended for low-income families to deal with cash flow issues, The State reported. A state report characterized the shift in funds not as fraud but as "a pattern of mismanagement." The university issued a statement asserting that it had changed its policies so this diversion of funds would not continue.

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