The South Carolina National Guard College Assistance Program (SCNG CAP) established in 2007, offersfinancial assistance to members of the South Carolina Army and Air National Guardby providing incentives for enlisting or remaining for a specified time in either the South Carolina Army or Air National Guard (SCNG). SCNG CAP is administered by the Commission on Higher Education along with the South Carolina National Guard. SCNG CAP recipients may receive up to a maximum of four thousand five hundred dollars ($4,500) for the Army National Guard and up to a maximum of nine thousand dollars ($9,000) for the Air National Guard per year. The cumulative total of all college assistance program benefits received may not exceed eighteen thousand dollars ($18,000). These SCNG CAP benefits will cover the cost of attendance as defined by Title IV regulation; however, the benefit maximum per award year may be reduced if, in combination with other financial aid, the cumulative total of all aid received would exceed the cost of attendance. A SCNG CAP recipient shall not qualify for college assistance program benefits for more than one hundred thirty (130) semester hours or related quarter hours from the time of initial eligibility into the SCNG CAP.