New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 7 - TUITION AND FINANCIAL AID
Part 11 - STUDENT CHOICE PROGRAM
Section 5.7.11.8 - STUDENT ELIGIBILITY
Current through Register Vol. 35, No. 18, September 24, 2024
To be eligible for a grant, a student shall:
A. be a resident of New Mexico as defined in 5.7.18.9 NMAC or be eligible for a waiver as defined in 5.7.18.10 NMAC, provided all other eligibility requirements are fulfilled;
B. be enrolled at the time the grant is awarded and disbursed, for at least six semester credit hours in a program leading to a degree, at an eligible institution;
C. offer proof of substantial financial need;
D. be in satisfactory academic standing, as defined by the institution, or be making his first application to the institution;
E. not owe a refund on a grant received for attendance at any institution under the federal Pell grant, federal supplemental educational opportunity grant, New Mexico student incentive grant program or student choice grant program;
F. not be in default on a loan made by the institution under the Perkins loan program unless the student has made arrangements satisfactory to the institution to repay the loan;
G. not be in default on a loan insured under the Stafford loan or the parent loans for undergraduate students (PLUS) program unless the secretary of education or a guarantee agency determines that the student has made satisfactory arrangements to repay the loan;
H. complete an application for financial assistance supplied by the institution the student wishes to attend.