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Ch. 717 2024 LAWS OF MARYLAND
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(5) “County share” means the total amount of money for operating funds to be provided each fiscal year to a board by the county that supports the community college or colleges or, in the case of a regional community college, the total amount of money for operating funds to be provided each fiscal year to the board by all counties that support the regional community college.
(6) “Direct grants” means the sum of the following components of the State share:
(i)[Fixed costs;#
(i) [Fixed costs;
(ii)Marginal] BASE costs; and#
(ii) Marginal] BASE costs; and
[(iii)] (II) Size factor.
(7) “Full–time equivalent student” FOR EACH COMMUNITY COLLEGE is [the quotient of the number of student credit hours produced in the fiscal year 2 years prior to the fiscal year for which the State share is calculated divided by 30, as certified by the Maryland Higher Education Commission] THE GREATER OF:
(I) THE QUOTIENT OF THE NUMBER OF STUDENT CREDIT HOURS PRODUCED IN THE FISCAL YEAR 2 YEARS PRIOR TO THE FISCAL YEAR FOR WHICH THE STATE SHARE IS CALCULATED DIVIDED BY 30, AS CERTIFIED BY THE MARYLAND HIGHER EDUCATION COMMISSION; OR
(II) THE 3–YEAR MOVING AVERAGE QUOTIENT OF THE NUMBER OF STUDENT CREDIT HOURS PRODUCED IN THE FISCAL YEARS 2 YEARS PRIOR, 3 YEARS PRIOR, AND 4 YEARS PRIOR TO THE FISCAL YEAR FOR WHICH THE STATE SHARE IS CALCULATED DIVIDED BY 30, AS CERTIFIED BY THE MARYLAND HIGHER EDUCATION COMMISSION.
(8) “Population” means population as determined for purposes of calculating the State share of the library program using the definition in § 23–501 of this article.
(9) “Region” means the counties supporting a regional community college established under Subtitle 2 of this title.
(10) “Small community college” means:
(i) Allegany College of Maryland;
(ii) Garrett College;