A scholarship may be awarded to an eligible student who:
A. has not earned a baccalaureate degree at the time the scholarship is awarded;
B. has demonstrated financial need consistent with the criteria promulgated by the department; and
C. has complied with other rules promulgated by the department to carry out the provisions of the College Affordability Act.
History: Laws 2005, ch. 192, § 4; 2007, ch. 70, § 3; 2007, ch. 71, § 3; 2007, ch. 85, § 3.
The 2007 amendment, effective July 1, 2007, added "eligible student" in place of prior requirements.
Laws 2007, ch. 70, § 3, Laws 2007, ch. 71, § 3 and Laws 2007, ch. 85, § 3 enacted identical amendments to this section.
Structure 2021 New Mexico Statutes
Chapter 21 - State and Private Education Institutions
Article 21L - College Affordability
Section 21-21L-1 - Short title.
Section 21-21L-3 - Definitions.
Section 21-21L-4 - Conditions for eligibility.
Section 21-21L-5 - Scholarship authorized; administration; preference in scholarship awards.
Section 21-21L-6 - Duration of scholarship.