(a) The Office, on notification by the Maryland Department of Health, may award Higher Education Loan Assistance Grants.
(b) The Office, in collaboration with the Maryland Department of Health, shall adopt regulations to determine:
(1) The maximum number of participants in the Program each year;
(2) The maximum number of total participants in the Program; and
(3) The minimum and maximum amount of a Higher Education Loan Assistance Grant awarded under this subtitle.