(a) In this subtitle the following words have the meanings indicated. (b) “Department” means the Department of Agriculture. (c) “Higher education loan” means a loan that is obtained for tuition, education expenses, or living expenses for undergraduate or graduate study leading to a degree in agriculture or an agriculture–related field, including farming. (d) “Program” means the Maryland Loan Assistance […]
(a) There is a Maryland Loan Assistance Repayment Program for Farmers in the State. (b) The Office shall assist in the repayment of a higher education loan owed by a farmer who: (1) Has received an undergraduate or graduate degree in agriculture or an agriculture–related field from a public or private nonprofit institution of higher education located in […]
The Office, in consultation with the Department, shall adopt regulations to establish: (1) The maximum starting income for eligibility in the Program; (2) The maximum total income for eligibility in the Program, including any additional sources of income; (3) That priority for participation in the Program shall be given to a farmer who: (i) Graduated from an institution of […]
Funds for the Program shall be provided on an annual basis in the State budget.
As part of the annual report required under § 18–1505 of this title, the Office shall include information regarding implementation of the Program, including: (1) The amount of money allocated for the Program; (2) The number of awards made and amounts of the awards; and (3) The number of applicants denied an award.
