Md. Code, Education § 18-3203
This is the official text of Md. Code, Education § 18-3203, part of Maryland’s Code, Education — governs public schools and universities in Maryland.
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§18–3203.
Official statutory text
(a) Subject to the availability of funds appropriated under subsection (b) of this section, the award amount under the Program shall be equal to the lesser of:
(1) $5,000; or
(2) 10% of the eligible individual’s total higher education loan debt for each year the individual qualifies for the Program.
(b) The Governor annually shall include an appropriation of $100,000 in the State budget for the Commission to disburse assistance under this subtitle.
(1) $5,000; or
(2) 10% of the eligible individual’s total higher education loan debt for each year the individual qualifies for the Program.
(b) The Governor annually shall include an appropriation of $100,000 in the State budget for the Commission to disburse assistance under this subtitle.
Status: in_force · Read it on the official government site
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