New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 7 - TUITION AND FINANCIAL AID
Part 21 - WICHE LOAN-FOR-SERVICE PROGRAM
Section 5.7.21.7 - DEFINITIONS

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

B. "Eligible institution" means an out-of-state institution participating in WICHE PSEP or an approved an out-of-region contract;

C. "Eligible profession" means a professional field not offered at a New Mexico public post-secondary institution; a program available through the WICHE compact; and a program that the WICHE commissioners have chosen to make available for eligible students;

D. "Extenuating circumstances" means circumstances not within the control of the student recipient.

E. "Loan" means a grant of funds to defray the costs incidental to an eligible profession education, under a contract between the commission and a student, requiring repayment with services or repayment of principal and interest, penalties, and any fees;

F. "Program" means the WICHE loan-for-service program;

G. "Service" means full-time, on-site practice in an eligible profession; unless otherwise provided for by the WICHE commissioners;

H. "Student" means a New Mexico resident who graduates from a New Mexico high school or has resided in New Mexico for three consecutive years immediately preceding application to the program and who attends or is about to attend a graduate or professional program of education through the auspices of the compact for western regional cooperation for higher education; and, has been accepted by an accredited program for one of the eligible professions (Pursuant to NM Constitution, this clause is effective May 20, 1998);

I. "WICHE commissioners" means the three individuals designated by the New Mexico governor to be representatives of the state to the WICHE commission; and

J. "WICHE PSEP" means the western interstate commission on higher education's professional student exchange program;