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Session Laws, 2000
Volume 797, Page 4087   View pdf image
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PARRIS N. GLENDENING, Governor
S.B. 697
AFTER COMPLETION OF UNDERGRADUATE STUDIES AND THEREAFTER CONTINUE
EMPLOYMENT IN THE STATE FOR 1 YEAR FOR EACH YEAR THAT THE SCHOLARSHIP
WAS AWARDED; AND (II) REPAY THE STATE THE AMOUNTS AWARDED UNDER THIS
SUBTITLE AND SIMPLE INTEREST EQUAL TO THE PRIME RATE OF INTEREST PLUS 2
PERCENT CALCULATED FROM THE DATE OF THE FIRST PAYMENT OF ANY AWARD
RECEIVED BY THE RECIPIENT UNDER THIS SUBTITLE AS SET FORTH IN § 18-112 OF
THIS TITLE FOR ANY PORTION OF THE AWARD IF THE RECIPIENT DOES NOT: 1. SATISFY THE DEGREE REQUIREMENTS OF THE ELIGIBLE
INSTITUTION OR FULFILL OTHER REQUIREMENTS AS PROVIDED IN THIS SUBTITLE;
AND 2. MAINTAIN STATE RESIDENCY AND SATISFY THE
EMPLOYMENT OBLIGATION REQUIRED UNDER THIS PARAGRAPH. (3) (I) THE RESIDENCY AND EMPLOYMENT OBLIGATION REQUIRED BY
PARAGRAPH (2) OF THIS SUBSECTION BEGINS AFTER GRADUATION AND CANNOT BE
FULFILLED PRIOR TO GRADUATION FROM AN ELIGIBLE INSTITUTION. (II) A RECIPIENT OF A COMMUNITY COLLEGE TRANSFER
SCHOLARSHIP AWARDED UNDER THIS SUBTITLE MAY FULFILL THE EMPLOYMENT
OBLIGATION REQUIRED UNDER PARAGRAPH (2)(I)1 AND 2 OF THIS SUBSECTION OUT
OF STATE IF THE RECIPIENT: 1. WAS EMPLOYED OUT OF STATE AT THE TIME THE
RECIPIENT RECEIVED THE SCHOLARSHIP; 2. CONTINUES EMPLOYMENT WITH THE SAME EMPLOYER
WHILE RECEIVING THE SCHOLARSHIP; AND 3. CONTINUES EMPLOYMENT WITH THE SAME EMPLOYER
AFTER COMPLETION OF THE RECIPIENT'S UNDERGRADUATE STUDIES. 18-2405. ON OR BEFORE JULY 1 OF EACH YEAR, THE ADMINISTRATION SHALL SEND TO
EACH MEMBER OF THE MARYLAND GENERAL ASSEMBLY A LIST OF INDIVIDUALS IN
EACH LEGISLATIVE DISTRICT TO WHOM COMMUNITY COLLEGE TRANSFER
SCHOLARSHIPS ARE AWARDED. 18-2406. THE ADMINISTRATION SHALL PUBLICIZE THE AVAILABILITY OF COMMUNITY
COLLEGE TRANSFER SCHOLARSHIPS UNDER THIS SUBTITLE. 18-2407. FUNDS FOR THE COMMUNITY COLLEGE TRANSFER SCHOLARSHIP PROGRAM
ESTABLISHED UNDER THIS SUBTITLE SHALL BE AS PROVIDED IN THE ANNUAL
BUDGET OF THE ADMINISTRATION.
- 4087 -


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Session Laws, 2000
Volume 797, Page 4087   View pdf image
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