§ 15-102
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/md/education/15-102A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§15–102.
(a)Each public institution of higher education may honor credit cards as payment for:
(1)Tuition and fees;
(2)Room and board; and
(3)Any goods or services purchased from other auxiliary enterprises.
(b)The governing boards of the institutions shall determine which credit cards are acceptable for this purpose. However, a public institution may not accept a credit card from any credit card company which charges that institution a vendor discount, service charge or similar fee in excess of 2.5 percent.