New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 7 - TUITION AND FINANCIAL AID
Part 2 - NEW MEXICO HEALTH PROFESSIONS STUDENT LOAN-FOR-SERVICE ACTS
Section 5.7.2.10 - SELECTION OF LOAN RECIPIENTS
Current through Register Vol. 35, No. 18, September 24, 2024
Selection shall be based on the following considerations and preferences:
A. the ability, character, and qualifications of each applicant; this is to include a review of the applicant's educational transcripts, letters of recommendation, and references;
B. the demonstrated interest of the applicant in serving in a designated shortage area of the state;
C. the applicant's lack of resources to pay for his/her education expenses, as determined by a standardized needs analysis system, and shall be the basis for preference among otherwise eligible students;
D. a designated shortage area endorsement of the applicant;
E. a designated shortage area funding match of the applicant; and,
F. an applicant seeking to obtain a certificate, license, or degree, in a New Mexico certified/accredited program outlined in Subsection C in 5.7.2.7 NMAC, which requires two (2) years or more of study for completion.