New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 7 - TUITION AND FINANCIAL AID
Part 20 - LEGISLATIVE LOTTERY SCHOLARSHIP PROGRAM
Section 5.7.20.13 - ADMINISTRATION OF THE legislative lottery SCHOLARSHIP
Universal Citation: 5 NM Admin Code 5.7.20.13
Current through Register Vol. 35, No. 18, September 24, 2024
A. Eligible public post-secondary educational institutions and tribal colleges shall:
(1)
notify students of their possible eligibility, during their first regular
semester of enrollment including transfer students who had the legislative
lottery scholarship at previous institutions;
(2) designate their institution's lead
financial aid officer to be responsible for determining initial and continuing
student eligibility for the legislative lottery scholarship under the terms of
these rules and regulations;
(3)
maintain a listing of each participating student to include, but not be limited
to:
(a) social security number as
appropriate;
(b) cumulative GPA and
completed enrollment hours in prior semesters;
(c) proof of initial and continuing
enrollment;
(d) award semester;
and
(e) other data fields deemed
important by the department;
(4) draw-down files should be submitted to
the department for eligible students as defined in
5.7.20.10 NMAC per semester; all
fiscal year draw-downs shall be for eligible students enrolled during the same
fiscal year;
(5) for students that
satisfied the first semester eligibility requirements and seek continuing
eligibility consideration, use professional judgment to determine that
exceptional mitigating circumstances beyond the students control, for which
documentation exists in the student's file; the institutions shall defer to
their institutional satisfactory academic progress policy when considering
circumstances which include, but are not limited to, consideration for falling
below the cumulative GPA requirement or successfully maintain full-time
enrollment as defined in Subsection G of
5.7.20.7 NMAC;
(6) provide to the department by April 15
each year the projected enrollment and tuition rates for the following academic
year for their appropriate institution as follows: comprehensive, research
institution in their second through eighth program semester including qualified
students in their fifth through eighth program semesters who transferred from a
community college; projected enrollment at each community college at each
community college in their second through fourth program semesters;
(7) publish the probation policy as defined
in 5.7.20.10 NMAC;
(8) encourage consortium agreements, as
defined in the code of federal regulations, 34 CFR 6685, in order to facilitate
the enrollment of students and to facilitate the student's participation in
this program;
(9) each semester,
ensure during the qualifying semester all available merit-based aid packages,
three percent scholarships, institutional award packages, and state aid are
awarded first before granting the New Mexico opportunity scholarship for
tuition. If the student does not qualify for any merit-based aid packages,
three percent scholarships, institutional award packages or state aid the
student may qualify to receive the New Mexico opportunity scholarship for
tuition and fees during the qualifying semester at the discretion of the lead
financial aid officer.
B. The department shall:
(1) determine the scholarship award pursuant
to the provisions of
5.7.20.10 NMAC; all eligible
institutions will be notified prior to June 1 annually;
(2) conduct audits to ascertain compliance
with rules and regulations, if, during the audit process, evidence indicates
that a student should not have received a legislative lottery scholarship, the
department will provide guidance to the institutions for appropriate
action;
(3) make available to the
legislative finance committee and department of finance and administration, by
November 1, the following information:
(a) the
status of the fund;
(b) legislative
lottery scholarship program participation data aggregated for each public
postsecondary education institution and tribal college to show:
(i) the number of qualified students who
received legislative lottery scholarships and in the prior 12 month
period;
(ii) the total number of
qualified students enrolled in the prior 12-month period;
(iii) the amount of legislative lottery
scholarships funded by semester and the amount of tuition costs that were not
offset by the legislative lottery scholarship by semester; and
(iv) the number of qualified students who
graduated with a degree and, for each qualified student, the number of
consecutive semesters and nonconsecutive semesters attended prior to
graduation.
Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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