Ch. 574                                          LAWS OF MARYLAND

(2) AT LEAST 2 RECIPIENTS WHO MEET THE QUALIFICATIONS
SPECIFIED UNDER THIS SECTION SHALL BE SELECTED FROM EACH COUNTY
OF THE STATE.

(c) (1) The scholarship award shall be in the amount of
$1,600 for use in the next ensuing academic year.

(2) If it is accepted by the eligible student, each
award shall be renewable, on an annual basis, for a maximum of 3
years subsequent to the original award if the recipient:

(i) Remains a resident of the State;

(ii) Attends an accredited postsecondary
institution in the State;

(iii) Is enrolled as a full-time undergraduate
student; and

(iv) Maintains a 3.0 grade average.

(d) (1) A recipient of an award made under this section
shall receive an additional $1,600 for each year in which the
recipient is eligible if the recipient:

(i) Enrolls in an approved program of teacher
education at an accredited postsecondary institution in the
State; and

(ii) Signs an agreement to:

1.  Commence employment as a teacher in a
public school in the State within 9 months of the completion of
undergraduate studies for 1 year for each year that the
scholarship was awarded; and

2.  Repay the State the additional amounts
awarded under this subsection and simple interest equal to the
prime rate of interest plus 2 percent if the recipient does not:

A.  Complete the teacher education
program; and

B.  Teach in a public school in the State
for a period of 1 year for each year in which the additional
amount was awarded.

(2) In consultation with the State Department of
Education, the State Scholarship Board shall adopt rules and
regulations to waive, for good cause, the repayment of any
portion of the additional scholarship awarded under this
subsection that is not forgiven if the recipient fails to fulfill

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