Ch. 246                                          LAWS OF MARYLAND

(D) (1) THE PRESIDENT SHALL DEVELOP AN OVERALL PLAN THAT IS
CONSISTENT WITH THE STATEWIDE PLAN FOR HIGHER EDUCATION AND THE
CHARTER THAT:

(I) SETS FORTH BOTH LONG-RANGE AND SHORT-RANGE
GOALS, OBJECTIVES, AND PRIORITIES FOR, AND SERVICE PROVIDED BY
ST. MARY'S COLLEGE AND METHODS AND GUIDELINES FOR ACHIEVING AND
MAINTAINING THEM;

(II) SUBJECT TO § 11-105 OF THIS ARTICLE,
IDENTIFIES THE ROLE, FUNCTION, AND MISSION OF ST. MARY'S COLLEGE;

(III) ENHANCES ITS ROLE AS A TRADITIONAL
LIBERAL ARTS COLLEGE;

(IV) AFFIRMS THE NEED FOR INCREASED ACCESS FOR
ECONOMICALLY DISADVANTAGED AND MINORITY STUDENTS;

(V) ENCOURAGES AND SUPPORTS HIGH QUALITY
UNDERGRADUATE PROGRAMS; AND

(VI) STIMULATES OUTREACH TO THE COMMUNITY AND
THE STATE THROUGH CLOSE RELATIONSHIPS WITH PUBLIC ELEMENTARY AND
SECONDARY SCHOOLS, BUSINESS AND INDUSTRY, AND GOVERNMENTAL
AGENCIES.

(2) THE BOARD OF TRUSTEES SHALL REVIEW, MODIFY, AND
APPROVE THE PLAN.

(3) BY JULY 1 OF EACH YEAR, THE BOARD OF TRUSTEES
SHALL SUBMIT TO THE MARYLAND HIGHER EDUCATION COMMISSION, TO THE
GOVERNOR AND, SUBJECT TO § 2-1312 OF THE STATE GOVERNMENT
ARTICLE, TO THE GENERAL ASSEMBLY AN ANNUAL REVIEW OF THE PLAN.

[15-105.5.] 14-205.

The interest or other income from the investment of any
funds of the institution shall be credited to the institution,
provided that any interest estimated to be earned on the State
appropriation must be offset by an equivalent reduction in State
General Fund support, and such amount will be reported annually
to the General Assembly.

[15-105.] 14-206.

(a) (1) In this section the following words have the
meanings indicated.

(2) "Senior citizen" means any resident of this State
who is:

(i) 60 years of age or older;

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