(2) (I) (D) (1) APPLICANTS WHO ARE SECONDARY SCHOOL
STUDENTS SHALL PROVIDE A HIGH SCHOOL TRANSCRIPT AFTER COMPLETION OF
THE FIRST SEMESTER OF THEIR SENIOR YEAR

(II) (2) APPLICANTS WHO ARE CURRENTLY ENROLLED IN AN
ELIGIBLE INSTITUTION SHALL PROVIDE THE MOST RECENT COLLEGE TRANSCRIPT,
OR IF NOT APPLICABLE, THE APPLICANT MAY SUBMIT A FINAL HIGH SCHOOL
TRANSCRIPT.

(III) (3) APPLICANTS WHO ARE NOT CURRENTLY ENROLLED IN AN
ELIGIBLE INSTITUTION, BUT WHO ARE HIGH SCHOOL GRADUATES SHALL PROVIDE A
FINAL HIGH SCHOOL TRANSCRIPT.

(4) APPLICANTS WHO ARE HIGH SCHOOL GRADUATES AND ARE NOT
CURRENTLY ENROLLED IN AN ELIGIBLE INSTITUTION, BUT HAVE COMPLETED SOME
COURSES AT AN ELIGIBLE INSTITUTION. SHALL PROVIDE THE MOST RECENT
COLLEGE TRANSCRIPT.

(5) APPLICANTS WHO ARE NOT CURRENTLY ENROLLED IN AN ELIGIBLE
INSTITUTION BUT WHO ARE COLLEGE GRADUATES SHALL PROVIDE A FINAL
COLLEGE TRANSCRIPT.

18-2104.

(A) EXCEPT AS PROVIDED IN SUBSECTION (B) OF THIS SECTION, THE
RECIPIENT OF A MARYLAND TEACHER SCHOLARSHIP SHALL REPAY THE
COMMISSION THE FUNDS RECEIVED PLUS SIMPLE INTEREST THAT IS EQUAL TO THE
PRIME RATE OF INTEREST PLUS 2 PERCENT CALCULATED FROM THE DATE OF THE
FIRST PAYMENT OF THE GRANT AWARD UNDER THIS SUBTITLE FOR ANY PORTION OF
THE AWARD NOT FORGIVEN IF THE RECIPIENT DOES NOT:

(1) SATISFY THE DEGREE REQUIREMENTS OF THE ELIGIBLE COURSE OF
STUDY OR PROGRAM OR FULFILL OTHER REQUIREMENTS AS PROVIDED IN THIS
SUBTITLE;

(2) PERFORM THE SERVICE OBLIGATION FOR 1 YEAR FOR EACH YEAR
THAT THE RECIPIENT HAS A SCHOLARSHIP AWARDED UNDER THIS SUBTITLE; AND

(3) BECOME PROFESSIONALLY CERTIFIED TO TEACH IN THE STATE OF
MARYLAND WITHIN THE TIME PERIOD SPECIFIED BY THE COMMISSION IN
CONSULTATION WITH THE MARYLAND DEPARTMENT OF EDUCATION.

(B) THE ADMINISTRATION SHALL FORGIVE A RECIPIENT OF A MARYLAND
TEACHER SCHOLARSHIP FOR 2 YEARS OF AN AWARD IF:

(1) THE RECIPIENT HAS TAKEN THE TEACHER CERTIFICATION
EXAMINATION, APPROVED BY THE STATE BOARD OF EDUCATION, IN 2 CONSECUTIVE
YEARS; AND

(2) THE RECIPIENT FAILS TO PASS THE TEACHER CERTIFICATION
EXAMINATION WITHIN THE TIME PERIOD SPECIFIED BY THE COMMISSION IN
ACCORDANCE WITH SUBSECTION (A)(3) OF THIS SECTION.