(7) "Full-time equivalent student" 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. (8) "Population" means population as determined for purposes of calculating theState 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; (iii) Hagerstown Community College; (iv) Carroll Community College; (v) Cecil Community College; (vi) Chesapeake College; or (vii) Wor-Wic Community College. (11) "State share" means the amount of money for community college operating fundsto be provided each fiscal year to a board by the State. (12) "Student credit hours" means student credit hours, including those earned by a P- TECH student as provided in § 7-1804(c) of this article, or contact hours, which are eligible, under the regulations issued by the Maryland Higher Education Commission,for inclusion in State funding calculations. (13) "Total State operating fund" means the sum of community college State appropriations for direct grants. (c) Computation; distribution of funds. -- (1) (i) Except as provided in subparagraphs (iii), (iv), and (v) of this paragraph, the total State operating fund per full-time equivalent student to the community colleges foreach fiscal year as requested by the Governor shall be: 1. In fiscal year 2021, not less than an amount equal to 25% of the State's General Fund appropriation per full-time equivalent student to the 4-year public institutions of higher education in the State as designated by the Commission for the purpose of administering the Joseph A. Sellinger Program under Title 17 of this article in the same fiscal year; 2. In fiscal year 2022, not less than an amount equal to 27% of the State's General Fund appropriation per full-time equivalent student to the 4-year public institutions of higher education in the State as designated by the Commission for the purpose of administering the Joseph A. Sellinger Program under Title 17 of this article in the same fiscal year; and 3. In fiscal year 2023 and each fiscal year thereafter, not less than an amount equal to 29% of the State's General Fund appropriation per full-time equivalent
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