1. A. A participant shall provide the Department with required documentation including:

   1. (1) Lender verification of education loan balance;
   2. (2) Documentation of employer verification;

   3. (3) A signed Promissory Note that includes;

      1. (a) The disbursement methods utilized by the Department in the repayment of education loans;
      2. (b) The roles and responsibilities of the participant in the disbursement of funds to the lender institution;
      3. (c) Penalties for failing to comply with terms and conditions of agreements with the Department; and
      4. (d) Other terms as determined by the Department;

   4. (4) A Service Obligation Agreement that includes;

      1. (a) Obligations of the participant;
      2. (b) Total and annual amounts of the Program award;
      3. (c) Completion of data and verifications required by the Department;
      4. (d) Penalties for breach of the Promissory Note and Service Obligation Agreements;
      5. (e) Incorporation of the Promissory Note and Program Guidelines; and
      6. (f) Other appropriate terms as determined by the Department; and
   5. (5) All other documentation as required by the Department.

2. B. A participant shall:

   1. (1) Continue to meet the eligibility requirements as stated in Regulation 03A and B of this chapter; and
   2. (2) Serve a minimum service obligation as stipulated in the Service Obligation Agreement with the Department.

Authority: Health-General Article, §§24–1901—24-1906, Annotated Code of Maryland

Effective date: March 2, 2026 (53:4 Md. R. 185)