MD SB509

Implements the federal Workforce Pell Grant Program in Maryland for short-term programs (150-600 hours of instruction, 8-15 weeks in length) that train students for high-skill, high-wage, or in-demand occupations

Requires the Governor, in consultation with the Governor's Workforce Development Board and Maryland Higher Education Commission, to approve each short-term program before institutions can disburse Pell Grant funds to Maryland students

Mandates approved programs maintain at least 70% completion rate and 70% job placement rate within 180 days of completion, with institutions required to reverify compliance every 2 years

Prohibits institutions from charging tuition and fees exceeding the maximum Pell Grant amount available for the program, and bars partnerships with entities offering student loans (unless 0% interest) or income sharing agreements

Requires annual reporting to the Commission by June 30 on enrollment, completion rates, costs, and student demographics, with the Commission submitting a summary report to the General Assembly by September 30 each year