(a) Except as provided in subsection (b) of this section, each recipient of a Teaching Fellows for Maryland scholarship may renew the award three times if the recipient:
(1) Continues to be a full–time or part–time undergraduate or graduate student at an eligible institution as determined by the Office; and
(2) Continues to make satisfactory progress toward a degree and maintains the standards of the institution.
(b) Each recipient of the Teaching Fellows for Maryland scholarship may renew the annual award four times if the recipient is enrolled in a course of study that, as determined by the institution, requires 5 years to complete.