<?xml version='1.0' encoding='utf-8'?>
<section article="ged" article_name="Education" number="18-3008" title_number="18" title_name="Student Financial Assistance" subtitle_number="30" subtitle_name="Maryland Technology Internship Program">
  <level label="a">
    <text>Subject to subsections (b) and (c) of this section, money awarded under this subtitle:</text>
    <level label="1">
      <text>May be used to reimburse a technology–based business or a unit of State or local government up to 50% of a stipend paid to an intern, but not more than:</text>
      <level label="i">
        <text>$1,800 for the first semester; and</text>
      </level>
      <level label="ii">
        <text>$1,200 for the second semester; and</text>
      </level>
    </level>
    <level label="2">
      <text>May total not more than $3,000 each year for each intern.</text>
    </level>
  </level>
  <level label="b">
    <text>The maximum reimbursement amounts established in subsection (a) of this section may be increased in accordance with changes in employment market conditions as jointly determined by UMBC and the Department of Commerce.</text>
  </level>
  <level label="c">
    <text>At least 50% of the internships supported by the Program each year shall be with businesses that have not more than 150 employees.</text>
  </level>
</section>
