Section 18-1402 - Funding. - Maryland Statutes

§ 18-1402. Funding.
 

(a)  Allocation.-  

(1) Funds for the Part-Time Grant Program shall be allocated by the Commission to each institution of higher education based upon the number of undergraduate part-time students with demonstrated financial need who are enrolled in degree-granting programs at the institution. 

(2) An institution of higher education may use up to 10% of the part-time grant allocation to provide grants to students who are enrolled in at least 3 but less than 6 semester hours of courses each semester. 

(b)  Use of part-time grant allocation.- In addition to the funds provided under § 18-14A-02(b) of this title, institutions may use up to 10% of the part-time grant allocation to provide grants to students who are dually enrolled. 

(c)  Funding.- Funds for the grant program for part-time students shall be as provided in the annual budget of the Commission by the Governor. 
 

[1991, ch. 462, § 5; 2009, chs. 431, 459.]