As used in the Medical Student Loan for Service Act:
A. "commission" ["department"] means the commission on higher education [higher education department];
B. "loan" means a grant of funds to defray the costs incidental to a medical education under a contract between the commission [department] and a medical student requiring either repayment with interest or repayment in services; and
C. "student" means a resident of New Mexico who is a student enrolled in a school of medicine.
History: 1953 Comp., § 73-38A-3, enacted by Laws 1975, ch. 244, § 3; 1982, ch. 34, § 1; 1987, ch. 299, § 11; 1991, ch. 262, § 29.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
For designation of the commission on higher education as the higher education department, see 9-25-4.1 NMSA 1978.
The 1991 amendment, effective June 14, 1991, substituted "Medical Student Loan for Service Act" for "Medical Student Loan Act" in the introductory paragraph and deleted " 'board' or" at the beginning of Subsection A.
Structure 2021 New Mexico Statutes
Chapter 21 - State and Private Education Institutions
Article 22 - Medical Student Loans
Section 21-22-1 - Short title.
Section 21-22-3 - Definitions.
Section 21-22-4 - Medical student loans; higher education department authorized; qualifications.
Section 21-22-5 - Delegation of duties to other agencies.
Section 21-22-6 - Medical student loans; contract terms; repayment.
Section 21-22-7 - Contracts; legal assistance; enforcement.
Section 21-22-8 - Fund created; method of payment.