Current with changes from the 2024 Legislative Session
Section 18-3202 - Maryland Loan Assistance Repayment Program for Foster Care Recipients(a) There is a Maryland Loan Assistance Repayment Program for Foster Care Recipients in the State.(b) The Office shall assist in the repayment of higher education loans owed by a foster care recipient who: (1) Is employed for a minimum of 20 hours per week by the State or a county or municipality of the State;(2) Received an undergraduate or a graduate degree from an institution of higher education in the State; and(3) Meets any other requirement established by the Office.(c) An applicant for assistance in the repayment of a commercial loan shall demonstrate to the Office that the commercial loan was used for tuition, educational expenses, or living expenses for undergraduate or graduate study.(d) Assistance in the repayment of a loan from an entity set forth in § 18-1601(c)(2) of this title shall require the approval of the Office.Added by 2016 Md. Laws, Ch. 719, Sec. 1, eff. 7/1/2016.