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What is the payment incentive program in Maryland?

The program encourages noncustodial party (NCP) to make consistent child support payments by: Reducing state-owed arrears by half if the NCP makes full child support payments for a year. Eliminating the balance owed if the (NCP) makes full child support payments for two years.

What is the SRF program in Maryland?

The Maryland State Revolving Loan Fund (SRF) is a program that provides low-cost loans to municipalities, water and sewer utilities, and other public entities for water quality and drinking water projects. There are two main funds: clean water and drinking water.

What is the welfare avoidance grant in Maryland?

The purpose of a Welfare Avoidance Grant (WAG) is to meet a familys immediate and compelling need and prevent it from going on welfare (TCA) or to assist a family in getting off of welfare. It is a short-term, non-recurrent, cash payment that should help a family gain or maintain independence from TCA.

What is the chronic health impaired program in Maryland?

Chronic Health Impairment Program for Students (CHIPS) CHIPS provides short-term intermittent instructional support to students with documented absences due to a chronic medical or emotional condition which has been diagnosed by the appropriate medical professional.

What is the maximum interest rate allowed in Maryland?

Each state has its own interest rate laws, that help consumers by placing a limit on the amount of interest a creditor can charge. The legal maximum in Maryland is 6%, but can be 8% under a written contract.