Md. Governor Announces $9M in Tax Credits for Student Loan Debt - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Md. Governor Announces $9M in Tax Credits for Student Loan Debt

Posted: Updated:
(Photo: MGN Online) (Photo: MGN Online)

ANNAPOLIS, Md. (AP/WBOC)- Maryland Gov. Larry Hogan has announced the awarding of nearly $9 million in tax credits for state residents with student loan debt.           

The administration said Monday there were 9,600 applicants who were eligible for the Student Loan Debt Relief Tax Credit. That includes 6,331 eligible applicants who attended in-state institutions who will each get $1,000 in tax credits. There were 3,269 eligible applicants who attended out-of-state institutions who will receive $813 each in tax credits.            

“It is critical that we look for ways to help those in our state crippled by student loan debt,” Hogan said in a statement. “This program helps Maryland taxpayers pay off student debt, while remaining in the workforce and having a positive impact on the state economy.”           

Last year, the Maryland Higher Education Commission awarded 9,484 state residents tax credits under the initiative. Of them, 5,238 applicants attended an in-state institution and received $1,000 each in tax credits. There were 4,246 who attended an out-of-state institution and received $883 each in tax credits.

  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Vaccine Fights 'Swamp Cancer' Among Chincoteague Wild Ponies

    Vaccine Fights 'Swamp Cancer' Among Chincoteague Wild Ponies

    Wednesday, January 22 2020 9:49 AM EST2020-01-22 14:49:26 GMT
    Wednesday, January 22 2020 9:51 AM EST2020-01-22 14:51:33 GMT
    Chincoteague ponies are shown in this WBOC file photo. Chincoteague ponies are shown in this WBOC file photo.
    Chincoteague ponies are shown in this WBOC file photo.Chincoteague ponies are shown in this WBOC file photo.
    A vaccination program to protect a Virginia island's wild horses from a swamp disease that killed seven ponies in 2018 is showing encouraging results, the Chincoteague Volunteer Fire Company said.More
    A vaccination program to protect an Eastern Shore of Virginia island's wild horses from a swamp disease that killed seven ponies in 2018 is showing encouraging results, the Chincoteague Volunteer Fire Company said.           More
  • Date Looms for Second Sexual Assault Trial of Former UD Athlete

    Date Looms for Second Sexual Assault Trial of Former UD Athlete

    Wednesday, January 22 2020 7:11 AM EST2020-01-22 12:11:05 GMT
    Wednesday, January 22 2020 7:21 AM EST2020-01-22 12:21:27 GMT
    A judge is holding a final case review in advance of the second trial of a former University of Delaware baseball player accused of sexually assaulting six women.More
    A judge is holding a final case review in advance of the second trial of a former University of Delaware baseball player accused of sexually assaulting six women.More
  • Tax Filing Season to Kick off Next Week in Virginia

    Tax Filing Season to Kick off Next Week in Virginia

    Wednesday, January 22 2020 7:09 AM EST2020-01-22 12:09:07 GMT
    Wednesday, January 22 2020 7:20 AM EST2020-01-22 12:20:34 GMT
    Tax season is set to kick off in Virginia. Beginning Monday, residents can file Virginia individual income tax returns.More
    Tax season is set to kick off in Virginia. Beginning Monday, residents can file Virginia individual income tax returns.More
  • Most Popular VideosMost Popular VideosMore>>

  • Elderly Wicomico County Homeowner Almost Loses her Home in a Tax Sale

    Elderly Wicomico County Homeowner Almost Loses her Home in a Tax Sale

    An elderly Wicomico County resident almost lost her home in a tax sale, after she failed to pay a $268 tax bill.

    Sheri Ewing, Family Services Manager with Wicomico County Habitat For Humanity, received the call from Miss. Edna, a 74-year-old homeowner, who was asking for help with her well. After investigating, Ewing realized that Miss Edna was about to lose her home and they took action.

    More

    An elderly Wicomico County resident almost lost her home in a tax sale, after she failed to pay a $268 tax bill.

    Sheri Ewing, Family Services Manager with Wicomico County Habitat For Humanity, received the call from Miss. Edna, a 74-year-old homeowner, who was asking for help with her well. After investigating, Ewing realized that Miss Edna was about to lose her home and they took action.

    More
  • Former Stephen Decatur Basketball Player Murdered + Evening Sports

    Former Stephen Decatur Basketball Player Murdered + Evening Sports

    Billy Smith was a Stephen Decatur grad who tragically lost his life last Friday. His story and more are detailed in this evenings sportscast.

    More

    Billy Smith was a Stephen Decatur grad who tragically lost his life last Friday. His story and more are detailed in this evenings sportscast.

    More
  • Wicomico River Dredging Project Makes Progress

    Wicomico River Dredging Project Makes Progress

    On time and on budget: that's the status report from the Army Corps of Engineers on its dredging project of the Wicomico River. 

    The Army Corps started the dredging in December and already, crews have dredged 22,000 feet of the upper portion of the Wicomico River with only 6,000 more feet to go.

    More

    On time and on budget: that's the status report from the Army Corps of Engineers on its dredging project of the Wicomico River. 

    The Army Corps started the dredging in December and already, crews have dredged 22,000 feet of the upper portion of the Wicomico River with only 6,000 more feet to go.

    More
  • Maryland NewsMaryland NewsMore>>

  • Puerto Ricans in Cambridge Voice Concerns for Donation Process to the Island

    Puerto Ricans in Cambridge Voice Concerns for Donation Process to the Island

    Tuesday, January 21 2020 2:21 PM EST2020-01-21 19:21:32 GMT
    Wednesday, January 22 2020 7:17 AM EST2020-01-22 12:17:18 GMT
    Puerto Ricans across Delmarva are worried about their loved ones following the earthquake that recently rocked the island. That is why one local woman is making efforts to make sure she can help those affected by the quake.More
    Puerto Ricans across Delmarva are worried about their loved ones following the earthquake that recently rocked the island. That is why one local woman is making efforts to make sure she can help those affected by the quake.More
  • Wicomico River Dredging Project Makes Progress

    Wicomico River Dredging Project Makes Progress

    Tuesday, January 21 2020 6:22 PM EST2020-01-21 23:22:23 GMT
    Wednesday, January 22 2020 7:16 AM EST2020-01-22 12:16:51 GMT
    On time and on budget: that's the status report from the Army Corps of Engineers on its dredging project of the Wicomico River.More
    On time and on budget: that's the status report from the Army Corps of Engineers on its dredging project of the Wicomico River. More
  • Elderly Wicomico County Homeowner Almost Loses Her Home in Tax Sale

    Elderly Wicomico County Homeowner Almost Loses Her Home in Tax Sale

    Tuesday, January 21 2020 6:05 PM EST2020-01-21 23:05:10 GMT
    Wednesday, January 22 2020 7:15 AM EST2020-01-22 12:15:19 GMT
    "She was floored by the idea that she could lose her home and so quickly," says Sheri Ewing, Family Services Manager with Wicomico County Habitat For Humanity.More
    "She was floored by the idea that she could lose her home and so quickly," says Sheri Ewing, Family Services Manager with Wicomico County Habitat For Humanity.More
Powered by Frankly

All content © Copyright 2000 - 2020 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices