Section 18-1601 - Definitions. - Maryland Statutes

§ 18-1601. Definitions.
 

(a)  In general.- In this subtitle the following words have the meanings indicated. 

(b)  Eligible employment.- "Eligible employment" means full-time employment in the State in an occupation requiring a college or university degree in a math or science program. 

(c)  Higher education loan.- "Higher education loan" means any loan for undergraduate study that is obtained for tuition, educational expenses, or living expenses from: 

(1) A college or university, government, or commercial source; or 

(2) An organization, institution, association, society, or corporation that is exempt from taxation under § 501 (c) (3) or (4) of the Internal Revenue Code of 1986. 
 

[1991, ch. 462, § 5; 1996, ch. 10, § 16.]