Me. Stat. tit. 20-A § 12525
Current through 131st (2023-2024) Legislature Chapter 684
The maximum program loan repayment amount available to each eligible individual, excluding the employer's match under section 12526, is $2,500 per year, for a maximum of 4 years. No more than 10 program loan repayment agreements may be awarded in any year. The authority may not award more than 40% of the program loan repayment agreements in any one year to individuals who are eligible under the provisions of section 12521, subsection 5, paragraph B. [2003, c. 710, §2(NEW).]
20-A M.R.S. § 12525