The distribution of Program awards shall be based on the funding prioritization in accordance with Health-General Article, §24–1704(b), Annotated Code of Maryland. The Department shall prioritize funding for the repayment of education loans in accordance with Health-General Article, §24–1705(b), Annotated Code of Maryland. The Department shall annually determine, based on the availability of funds: The maximum number of participants for the Program in each priority area; and The minimum and maximum amount of loan repayment assistance awarded. The amount of award offered and paid shall not exceed the lesser of: The loan repayment amount specified in the Service Obligation Agreement; or A participant's total verified debt from eligible education loans.