Md. Code Ann., Educ. § 18-2507
Funding for Program provided in State budget
Effective Jul 1, 2014Added by Acts 2014, c. 339, § 1, eff. July 1, 2014; Acts 2014, c. 340, § 1, eff. July 1, 2014.State of Maryland
- (a) Funding for the Program shall be as provided in the State budget.
- (b) If the State budget does not include at least $2,000,000 for the 2+2 Transfer Scholarship Program in any fiscal year, funds shall be transferred from the Need-based Student Financial Assistance Fund, established under § 18-107 of this title, in an amount that provides a total of at least $2,000,000 to make awards under the 2+2 Transfer Scholarship Program each year.
Added by Acts 2014, c. 339, § 1, eff. July 1, 2014; Acts 2014, c. 340, § 1, eff. July 1, 2014.