Higher Education - Maryland Public Service Loan Forgiveness Program - Establishment

HB 19 establishes Maryland's Public Service Loan Forgiveness Program to help State employees repay student loans. It directly affects State workers in the Executive, Legislative, or Judicial branches who earned a degree from a Maryland-accredited school and have completed 10 years of continuous State service. The program will forgive 100% of an eligible employee's remaining student loan debt, with priority given to those who graduated from the University System of Maryland or institutions with high Pell Grant enrollment. The Office of Student Financial Assistance will administer the program and report annually to the legislature on its implementation.