New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 7 - TUITION AND FINANCIAL AID
Part 15 - GRADUATE SCHOLARSHIP PROGRAM
Section 5.7.15.7 - DEFINITIONS

Universal Citation: 5 NM Admin Code 5.7.15.7

Current through Register Vol. 35, No. 6, March 26, 2024

A. "Academic year" means any consecutive period of two semesters, three quarters or other comparable units commencing with the fall term each year.

B. "Award recipient" means a student awarded a graduate scholarship.

C. "Commission" means the New Mexico commission on higher education.

D. "Eligible institution" means any graduate-degree-granting New Mexico public university accredited by the north central association of colleges and schools.

E. "Financial need" means the difference between a student's projected costs for the year, including books, materials, supplies, room and board and other reasonable costs, and the student's resources, including available income and other available assets as determined by an approved standardized needs analysis system.

F. "Graduate and professional field" means any program of study intended to result in a master's or doctoral degree, excluding the degree in medicine.

G. "Groups underrepresented in graduate education" means women, minorities, the visually handicapped, the physically disabled and other groups that have traditionally been underrepresented in the specific area of graduate study or profession for which the scholarship is awarded.

H. "Scholarship" means an award made by an institution of higher education to a person for graduate study under the Graduate Scholarship Act.

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