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Nearly $200,000 in Unclaimed Property for SC Public Schools Found

Thousands of dollars of unclaimed property has been identified by the South Carolina State Treasurer.
SC State Treasurer Curtis Loftis identified nearly $200,000 in unclaimed funds for South Carolina school districts Thursday.

Columbia, SC (WLTX) - South Carolina State Treasurer Curtis Loftis has found almost $200,000 in unidentified funds for South Carolina school districts Thursday.

Eleven school districts were found as having more than $5,000 in unclaimed property, including four with more than $10,000. Richland School District 2 had the most unclaimed property, maxing out at $36,354.

"Knowing the financial challenges these administrators face on a daily basis makes returning unclaimed property to our schools especially gratifying," Treasurer Loftis said. "This money can make a meaningful impact for our students, and we want to reunite the school districts with funds that rightfully belong to them."

Many rural school districts accepted large claims. Sumter received more than $7,000 and Barnwell 19 received more than $2,700.

As of now, the State Treasurer's Office has more than $550 million in unclaimed property across the state. Millions of dollars are transferred to the program annually by companies who are unable to locate owners.

Last year, Treasurer Loftis and the Unclaimed Property Program returned almost $33 million in 2017. This brings the total amount of money returned during Treasurer Loftis's administration to $137 million, more than all previous state treasurers combined.

Visit www.treasurer.sc.gov to look for any unclaimed property for you or your family.