# Education (GED)

## Title 18. Student Financial Assistance

### Subtitle 31. Montgomery County Student Loan Refinancing Authority

#### Section 18-3102

(a) Before Montgomery County may establish the Montgomery County Student Loan Refinancing Authority, the county shall:

  (1) Study aspects of implementing the Authority in accordance with State and county law, including:

    (i) Performing a feasibility and demand study;

    (ii) Assessing the potential benefit to recruitment and retention of county and school system employees; and

    (iii) Studying the operation of similar programs in other systems, including operating costs;

  (2) Hold public hearings; and

  (3) Provide an opportunity for public comment.

(b) If Montgomery County decides to establish the Authority as authorized in  Sec. 18-3101 of this subtitle, the county's governing body must pass an ordinance that creates the Authority in accordance with this subtitle.

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Md. Code Ann., Educ. (as displayed at mgaleg.maryland.gov, October 16, 2026)