§ 15-121. Reduction of institutional gift aid offers by public senior higher education institut...
West's Annotated Code of MarylandEducationEffective: July 1, 2017
Effective: July 1, 2017
MD Code, Education, § 15-121
§ 15-121. Reduction of institutional gift aid offers by public senior higher education institutions
(b) A public senior higher education institution may reduce institutional gift aid offers as a result of private scholarship awards only under the circumstances described in subsections (c) through (e) of this section.
(c) If a student's total gift aid from all sources exceeds the student's financial need, a public senior higher education institution may reduce the student's institutional gift aid until the student's total gift aid no longer exceeds the student's financial need.
(d) In addition to the reduction authorized in subsection (c) of this section, a public senior higher education institution may further reduce a student's institutional gift aid if the institution receives approval from the organization that awarded the private scholarship funds that triggered the reduction authorized in subsection (c) of this section.
Credits
Added by Acts 2017, c. 331, § 1, eff. July 1, 2017; Acts 2017, c. 332, § 1, eff. July 1, 2017.
MD Code, Education, § 15-121, MD EDUC § 15-121
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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