Unannotated Code of Maryland (Last Updated: May 16, 2014) |
EDUCATION |
DIVISION III. HIGHER EDUCATION |
TITLE 18. STUDENT FINANCIAL ASSISTANCE |
SUBTITLE 15. JANET L. HOFFMAN LOAN ASSISTANCE REPAYMENT PROGRAM. |
§ 18-1501. Definitions
Latest version.
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(a) In general. -- In this subtitle the following words have the meanings indicated.
(b) Eligible field of employment. --
(1) "Eligible field of employment" means employment in the State by 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.
(2) "Eligible field of employment" includes employment by the State or any local government in the State, but does not include being employed as a judicial clerk in any court.
(c) Higher education loan. -- "Higher education loan" means any loan for undergraduate or graduate 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.
(d) Program. -- "Program" means the Janet L. Hoffman Loan Assistance Repayment Program.
HISTORY: 1988, ch. 246, § 2; 1989, ch. 712; 1990, ch. 601; 1996, ch. 10, § 16; 2001, chs. 391, 471; 2003, ch. 21, § 7; 2012, chs. 495, 496.