§ 18-1601. Definitions

MD Educ Code § 18-1601 (2019) (N/A)
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(a)    In this subtitle the following words have the meanings indicated.

(b)    “Eligible employment” means full-time employment in the State in an occupation requiring a college or university degree in a math or science program.

(c)    “Higher education loan” means any loan for undergraduate study that is obtained for tuition, educational expenses, or living expenses from:

(1)    A college or university, government, or commercial source; or

(2)    An organization, institution, association, society, or corporation that is exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code of 1986.