Lawmakers await consultants' report on South Carolina State finances

Post and Courier file photo.

ORANGEBURG, S.C. - State lawmakers will look to a report from outside consultants to learn the scope of financial problems at South Carolina State University.

The Times and Democrat of Orangeburg reported Rep. Gilda Cobb-Hunter says lawmakers want to fix the school's problems but want to fix them just one time.

The state Budget and Control Board loaned S.C. State $6 million last spring after President Thomas Elzey reported the institution was unable to pay vendors. He said the school's $4.4 million deficit would otherwise balloon to more than $13 million by the end of the fiscal year.

School officials say they can't repay the $6 million by the end of the fiscal year as required and are seeking an extension or a loan from lawmakers.