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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