• Under Gov. Mark Sanford’s plan, the state would transfer all buildings and other real estate to the colleges that want to go private.

• The schools would organize as a nonprofit 501 (c) (3) and agree to charge permanent discounted rates to in-state students. The plan doesn’t specify how much of a discount.

• If Clemson University chose to privatize, many of its service components, such as its agricultural extension services, would be spun off. It’s unclear whether they would remain public.

• The plan, part of Sanford’s upcoming budget proposal, would need the General Assembly’s approval before schools could act on the offer.

• The plan would be open to the following schools: Clemson, USC-Columbia, USC-Aiken, USC-Beaufort, USC-Spartanburg, MUSC, South Carolina State University, College of Charleston, The Citadel, Winthrop University, Francis Marion University, Coastal Carolina University and Lander University.