A. Establishment.There is a Maryland Early Graduation Scholarship Program (Program).
B. Administration.The Maryland Higher Education Commission (Commission) shall administer the Program and facilitate the disbursement of scholarship payments.
C. Amount and Purpose of Scholarship. The amount of the Maryland Early Graduation Scholarship is up to Six Thousand Dollars ($6,000.00) and shall be used for tuition, room and board, books, and other purposes, all as approved by the Commission.
D. Eligibility. Applicants for the Program must:
(1) Be a high school student enrolled in any of the twenty-four local public school systems in Maryland;
(2) Participate in the alternative program leading to the grant of a high school diploma by the end of the eleventh grade as established in COMAR 13A.03.02.11;
(3) Secure acceptance to an institution of postsecondary education as defined under Section 10-101(i) of the Education Article of the Annotated Code of Maryland within six months of receipt of the high school diploma; and
(4) Apply to the Program in the manner specified by the Commission.