Section 18-3201 – Definitions
(a) In this subtitle the following words have the meanings indicated. (b) “Foster care recipient” means an individual who was placed in an out–of–home placement by a state’s or unit of a state government’s department of social services for 3 years or more. (c) “Higher education loan” means any loan for undergraduate or graduate study that is obtained […]
Section 18-3202 – Maryland Loan Assistance Repayment Program for Foster Care Recipients
(a) There is a Maryland Loan Assistance Repayment Program for Foster Care Recipients in the State. (b) The Office shall assist in the repayment of higher education loans owed by a foster care recipient who: (1) Is employed for a minimum of 20 hours per week by the State or a county or municipality of the State; (2) Received […]
Section 18-3203 – Amount of Award
(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 […]
Section 18-3204 – Term of Award
(a) Each recipient of an award under the Program may hold the award for 3 years if the recipient: (1) Continues to meet the qualifications specified under § 18–3202 of this subtitle; and (2) Signs an agreement at the time of the award to remain employed by the State or a county or municipality of the State for […]
Section 18-3205 – Use of Award
An award under the Program shall be used only for repayment of the higher education loans owed by the recipient.
Section 18-3206 – Regulations
The Office shall adopt regulations to implement the provisions of this subtitle.
Section 18-3207 – Dissemination of Information
(a) The Department of Budget and Management shall provide to State employees information about the Program. (b) The local governing body of each county and municipality of the State shall provide their employees with information about the Program.
Section 18-3301 – Definitions
(a) In this subtitle the following words have the meanings indicated. (b) “Eligible student” means a student who is a Maryland resident, or has graduated from a Maryland high school, and: (1) Is enrolled in a Workforce Development Sequence at a public community college in the State; or (2) Is enrolled directly in a registered apprenticeship program that partners […]
Section 18-3006 – Qualifications — Businesses and Units of State or Local Government
(a) To qualify for participation in the Program, a business shall: (1) Be located in the State; (2) Be a technology–based business; (3) Commit to hosting an intern for a minimum of 120 hours during a spring, fall, or summer semester; (4) Provide a detailed description of an intern position with the business; and (5) Provide proof that a representative has […]
Section 18-3302 – Scholarship Established
There is a Workforce Development Sequence Scholarship administered by the Office.