Section 18-1502 - Established; eligibility. - Maryland Statutes

§ 18-1502. Established; eligibility.
 

(a)  Establishment.- There is a program of loan assistance repayment known as the Janet L. Hoffman Loan Assistance Repayment Program in the State. 

(b)  Eligibility.- The Office of Student Financial Assistance shall assist in the repayment of the amount of any higher education loan owed by an individual who: 

(1) (i) Receives a graduate, professional, or undergraduate degree from: 

1. A college or university in the State of Maryland; or 

2. A school of law; or 

(ii) Receives a Resident Teacher Certificate (RTC) from the Department after completing an alternative teaching preparation program approved by the State Superintendent; 

(2) Obtains eligible employment; 

(3) Receives an income that is less than the maximum eligible total income levels established by the Office, including any additional sources of income; and 

(4) Satisfies any other criteria established by the Office. 

(c)  Applicant to demonstrate use of funds.- 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 graduate or undergraduate study. 

(d)  Approval of Office.- Assistance in the repayment of a loan from an entity set forth in § 18-1501(c)(2) of this subtitle shall require the approval of the Office. 
 

[1988, ch. 246, § 2; 1989, ch. 5, § 1; ch. 712; 1990, ch. 601; 1993, ch. 628; 1994, ch. 3, § 1; 1996, ch. 10, § 16; 1999, ch. 34, § 7; 2001, chs. 391, 471; 2002, ch. 315, § 6; ch. 429, § 6; 2003, ch. 252, § 10; 2006, ch. 434; 2008, ch. 36, § 6; 2009, chs. 575, 576.]