Code of Maryland Regulations (Last Updated: April 6, 2021) |
Title 13B. Maryland Higher Education Commission |
Subtitle 08. FINANCIAL AID |
Chapter 13B.08.14. Workforce Shortage Student Assistance Grant Program |
Sec. 13b.08.14.05. Allocation of Funds
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A. A specified amount of funds shall be allocated each year to each eligible occupational areas based on critical need as determined by the Advisory Council on Workforce Shortage. These funds shall be used to make awards to students majoring in specific programs leading to employment in these occupational areas.
B. As funding permits, the intent of the program is to incrementally address waiting lists for those occupations already incorporated into the grant program while new occupations are being included. In addition, a balanced approach shall be implemented to ensure the programs address demand in all occupations, including those currently in the program as well as new public good and economic development occupations.
C. As the Workforce Shortage Student Assistance Grant Program expands, the determination of occupation allocations should consider the:
(1) Gap analysis resulting from the workforce model;
(2) Number of applications;
(3) Number of awards made in each eligible occupation; and
(4) Number of students on a waiting list.