New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 7 - TUITION AND FINANCIAL AID
Part 32 - NURSE EDUCATOR LOAN-FOR-SERVICE PROGRAM
Section 5.7.32.11 - RESPONSIBILITIES OF THE DEPARTMENT
Universal Citation: 5 NM Admin Code 5.7.32.11
Current through Register Vol. 35, No. 18, September 24, 2024
The department shall be responsible for:
A. developing program guidelines;
B. advertising the program;
C. processing applications, and presenting a list of eligible candidates to the committee;
D. administering the loans, including:
(1) disbursing funds;
(2) keeping records on borrowers and
processing of contracts;
(3)
administration of and record keeping of loan repayments;
(4) record keeping of location and time of
service of student loan recipients; and
(5) verification of qualification for
forgiveness for service.
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