§ 18-1601. Definitions  


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  •    (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.


HISTORY: 1991, ch. 462, § 5; 1996, ch. 10, § 16.