(a) If, during an academic year, a student who is receiving any student financial assistance award withdraws from the institution at which the award is used or otherwise fails to remain eligible for the award, the institution shall make a pro rata refund to the Office or other donor on the same terms that it makes refunds to students.
(b) Any refund may be reawarded on an interim basis under this title until the end of the academic year. Any requirement of an examination is waived for the recipient of an interim award.
Structure Maryland Statutes
Division III - Higher Education
Title 18 - Student Financial Assistance
Subtitle 1 - General Provisions
Section 18-102 - Application of Subtitle
Section 18-103 - Eligible Institutions
Section 18-104 - Control of Institution Not Affected; Religious Discrimination
Section 18-105 - Disclosure of Grades of Scholarship Students to Sponsors
Section 18-106 - Refund Where Recipient Withdraws
Section 18-107 - Source of Funds; Unused Funds; Need-Based Student Financial Assistance Fund
Section 18-108 - Disability of Infancy Removed for Recipients of Scholarships
Section 18-111 - Pledge to Remain Drug Free
Section 18-112 - Repayment Obligations
Section 18-113 - Multiple Scholarships and Grants
Section 18-114 - Development of Application for Digital Devices