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§ 17-304. Funds applied to eligible programs

West's Annotated Code of MarylandEducation

West's Annotated Code of Maryland
Education (Refs & Annos)
Division III. Higher Education [Titles 10-20] (Refs & Annos)
Title 17. Financial Aid to Institutions of Higher Education (Refs & Annos)
Subtitle 3. Private Donation Incentive Program (Refs & Annos)
MD Code, Education, § 17-304
§ 17-304. Funds applied to eligible programs
Currentness
In general
(a) Amounts paid by the State under this subtitle may be applied to any eligible program at the eligible institution to which the payment is made.
Funds appropriated
(b) No more than one-half of the total amount to be paid by the State under provisions of this subtitle may be appropriated in any fiscal year. The provisions of § 7-302 of the State Finance and Procurement Article do not apply to unused program funds.

Credits

Added by Acts 1999, c. 515, § 1, eff. July 1, 1999.
MD Code, Education, § 17-304, MD EDUC § 17-304
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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