Maryland § 18-3203
Full text of Maryland Maryland Code § 18-3203, with citation guidance and answers to common questions.
§ 18-3203.
(a) Subject to the availability of funds appropriated under subsection (b) of this section, the award amount under the Program shall be equal to the lesser of:
(1) $5,000; or
(2) 10% of the eligible individual’s total higher education loan debt for each year the individual qualifies for the Program.
(b) The Governor annually shall include an appropriation of $100,000 in the State budget for the Commission to disburse assistance under this subtitle.
Frequently Asked Questions About Maryland § 18-3203
What does Maryland Code § 18-3203 cover?
Section 18-3203 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 18-3203?
A common citation format is "Maryland Code § 18-3203" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 18-3203 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.