(a) In this subtitle the following words have the meanings indicated. (b) “Higher education loan” means any loan for undergraduate or graduate study that is obtained for tuition, educational expenses, or living expenses from: (1) A college or university, government, or commercial source; or (2) An organization, an institution, an association, a society, or a corporation that is exempt […]
(a) In Howard County, the governing body of the county may establish a Student Loan Assistance Repayment Program for Teachers employed by the Howard County Public School System. (b) The purpose of the Program is to attract, recruit, and retain a diverse cadre of qualified teachers in the Howard County Public School System that is reflective of […]
Loan assistance under the Program shall be in the amount and on the terms and conditions established by the county.
The Program shall be administered by the Howard County Public School System.
(a) Funds for the Program shall be as provided on an annual basis in the county budget in an appropriation separate from the county’s appropriation to the operating budget of the Howard County Board of Education. (b) Funds for the Program may be used to cover administrative expenses of the Program.