Maryland Code, EDUCATION 18-507
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Terms Used In Maryland Code, EDUCATION 18-507
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(a) Beginning in fiscal year 1996, each Delegate may authorize the Office to award all or a portion of the funds authorized under this subtitle to eligible recipients of a Delegate Howard P. Rawlings Educational Excellence Award who reside in the Delegate’s legislative district.
(b) In the event that the total number of eligible recipients of a Delegate Howard P. Rawlings Educational Excellence Award who reside in the Delegate’s legislative district is insufficient to utilize the total amount of funds available to the Delegate for any fiscal year, the Office of Student Financial Assistance may, with the consent of the Delegate, award the unused funds to other eligible recipients throughout the State.