The purpose of this chapter is to:
- A. Provide for the assessment of fees on for-profit institutions of higher education under Education Article, §11-203, Annotated Code of Maryland;
- B. Provide for the filing of certain financial guarantees by for-profit institutions of higher education under Education Article, §11-203, Annotated Code of Maryland;
- C. Provide for the creation and administration of the Maryland Guaranty Student Tuition Fund for For-Profit Institutions of Higher Education;
- D. Set forth standards and procedures for processing claims filed by students of for-profit institutions of higher education under Education Article, §11-203, Annotated Code of Maryland; and
- E. Set forth reporting requirements for for-profit institutions of higher education operating in Maryland.
Authority: Education Article, §§11-105(u), 11-203, and 11-210, Annotated Code of Maryland
Effective date: January 15, 2018 (45:1 Md. R. 14)
Regulation .05 amended effective November 19, 2018 (45:23 Md. R. 1071)
Regulation .06 amended effective November 19, 2018 (45:23 Md. R. 1071)
Chapter revised effective August 21, 2023 (50:16 Md. R. 727)