(a) Funding for the Program shall be as provided in the State budget.
(b) If the State budget does not include at least $2,000,000 for the 2+2 Transfer Scholarship Program in any fiscal year, funds shall be transferred from the Need–based Student Financial Assistance Fund, established under § 18–107 of this title, in an amount that provides a total of at least $2,000,000 to make awards under the 2+2 Transfer Scholarship Program each year.
Structure Maryland Statutes
Division III - Higher Education
Title 18 - Student Financial Assistance
Subtitle 25 - Hope for Nontraditional Students -- 2+2 Transfer Scholarship Program
Section 18-2501 - Establishment of Program
Section 18-2502 - Use of Award at 4-Year Private or Public Institution
Section 18-2503 - Qualifications
Section 18-2504 - Annual Amount; Use for Tuition and Fees; Requirements for Continuing Eligibility
Section 18-2505 - Recipient List Provided to General Assembly