New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 7 - TUITION AND FINANCIAL AID
Part 21 - WICHE LOAN-FOR-SERVICE PROGRAM
Section 5.7.21.11 - LOANS
Universal Citation: 5 NM Admin Code 5.7.21.11
Current through Register Vol. 35, No. 18, September 24, 2024
Loans can be made to students to defray expenses incurred in obtaining an eligible profession education under the following conditions and limitations:
A. the amount of the loan shall not exceed the amount equivalent to the negotiated support fee for the graduate or professional program; and
B. upon approval of the loan, a contract shall be drawn between the student and the commission and signed by the student.
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