§ 17-104. Computation of aid
West's Annotated Code of MarylandEducationEffective: July 1, 2021
Effective: July 1, 2021
MD Code, Education, § 17-104
§ 17-104. Computation of aid
(a)(1) Except as provided in paragraphs (2), (3), (4), and (5) of this subsection, the Maryland Higher Education Commission shall compute the amount of the annual apportionment for each institution that qualifies under this subtitle by multiplying the number of full-time equivalent students enrolled at the institution during the fall semester of the fiscal year preceding the fiscal year for which the aid apportionment is made, as determined by the Maryland Higher Education Commission by:
(2) For each of fiscal years 2011 and 2012, the total amount of the aid provided under this subtitle shall be $38,445,958, to be allocated among the institutions that qualify under this subtitle in proportion to the number of full-time equivalent students enrolled at each institution during the fall semester of the fiscal year preceding the fiscal year for which the aid apportionment is made, as determined by the Maryland Higher Education Commission.
(4) In fiscal year 2016, the total amount of the aid provided under this subtitle shall be $42,822,240, to be allocated among the institutions that qualify under this subtitle in proportion to the number of full-time equivalent students enrolled at each institution during the fall semester of fiscal year 2015, as determined by the Maryland Higher Education Commission.
(5) In fiscal year 2021, the total amount of the aid provided under this subtitle shall be $69,624,905, to be allocated among the institutions that qualify under this subtitle in proportion to the number of full-time equivalent students enrolled at each institution during the fall semester of fiscal year 2020, as determined by the Maryland Higher Education Commission.
(b)(1) Full-time equivalent students enrolled in seminarian or theological programs shall be excluded from the computation required by subsection (a) of this section.
(c) Payments of State general funds under Subtitle 3 of this title shall be excluded from the computation required by subsection (a) of this section.
(d) For purposes of this section, the State's General Fund appropriation per full-time equivalent student to the 4-year public institutions of higher education in the State for a fiscal year shall include:
Credits
Added by Acts 1978, c. 22, § 2, eff. July 1, 1978. Amended by Acts 1985, c. 158; Acts 1988, c. 246, § 2, eff. July 1, 1988; Acts 1989, c. 94; Acts 1999, c. 515, § 1, eff. July 1, 1999; Acts 2002, c. 440, § 8, eff. July 1, 2002; Acts 2003, c. 203, § 1, eff. June 1, 2003; Acts 2007, 1st Sp. Sess., c. 2, § 3, eff. July 1, 2008; Acts 2009, c. 487, § 1, eff. June 1, 2009; Acts 2010, c. 484, § 3, eff. June 1, 2010; Acts 2011, c. 397, § 1, eff. June 1, 2011; Acts 2012, 1st Sp. Sess., c. 1, § 1, eff. June 1, 2012; Acts 2014, c. 464, § 1, eff. June 1, 2014; Acts 2015, c. 489, § 1, eff. June 1, 2015; Acts 2020, c. 538, § 6, eff. June 1, 2020; Acts 2021, c. 44, § 1, eff. July 1, 2021; Acts 2021, c. 418, § 1, eff. July 1, 2021.
FormerlyArt. 77A, § 67.
MD Code, Education, § 17-104, MD EDUC § 17-104
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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