Md. Code Regs. 13B.08.22.04

Current through Register Vol. 51, No. 12, June 14, 2024

Section 13B.08.22.04 - Use and Amount of Award

A. A scholarship shall be used solely for tuition, mandatory fees, and room and board for the fall and spring semester following the award.

B. For a student using the scholarship at a public eligible institution, as defined in Education Article, § 18-2201(b)(1), Annotated Code of Maryland, the scholarship awarded by the Office shall be in an amount equal to 100 percent of the annual tuition, mandatory fees, and room and board of a resident undergraduate or graduate student, as appropriate, for the fall and spring semesters at the public eligible institution.

C. For a student using the scholarship at a private nonprofit institution of higher education that is an eligible institution under this chapter, the scholarship awarded by the Office shall be in an amount equal to:

(1) For tuition and fees, the lesser of:

(a) 100 percent of the annual tuition and mandatory fees of a resident undergraduate or graduate student, as appropriate, for the fall and spring semesters at the University of Maryland, College Park campus; or

(b) 50 percent of the annual tuition and mandatory fees of a resident undergraduate or graduate student, as appropriate, for the fall and spring semesters at the private nonprofit institution of higher education; and

(2) For room and board, 100 percent of the room and board of a resident undergraduate or graduate student, as appropriate, for the fall and spring semesters at the private nonprofit institution of higher education.

D. Subject to the availability of funds, the award amount of a nonresident undergraduate or graduate student at a public or private nonprofit eligible institution may include an allowance for room and board costs, in an amount determined by the Office, but not more than 100 percent of the room and board of a resident undergraduate or graduate student at the institution, as appropriate.

Md. Code Regs. 13B.08.22.04

Regulation .04 adopted effective 49:15 Md. R. 739, eff. 7/25/2022