Unannotated Code of Maryland (Last Updated: May 16, 2014) |
EDUCATION |
DIVISION III. HIGHER EDUCATION |
TITLE 18. STUDENT FINANCIAL ASSISTANCE |
SUBTITLE 16. MATH/SCIENCE STUDENT CORPS |
§ 18-1601. Definitions
Latest version.
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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.