New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 3 - POST-SECONDARY EDUCATION INSTITUTION FINANCES
Part 5 - OPERATING BUDGETS - FUNDING RECOMMENDATIONS
Section 5.3.5.7 - DEFINITIONS
Current through Register Vol. 35, No. 18, September 24, 2024
A. "Base contribution methodology" means that inflationary and compensation adjustments to expenditures are made according to the proportion of state general fund appropriations to total revenues.
B. "Commission" means the New Mexico commission on higher education.
C. "Off-campus credits" are student credit hours earned from courses offered that do not meet the definitions of on-campus credits but are offered for regular academic credit and are applicable to an approved degree or certification program, taught by regular faculty or equivalent and delivered via extended learning instruction. Off-campus credits are reported in separate extended services data files to generate funding and include additional data fields to indicate the delivery location(s) of the instruction.
D. "On-campus credits" are student credit hours earned from courses that are offered within the geographical boundaries of the campus for academic credit and for which regular main campus tuition is charged.
