New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 7 - TUITION AND FINANCIAL AID
Part 35 - GROW YOUR OWN TEACHERS SCHOLARSHIP PROGRAM
Section 5.7.35.9 - AMOUNT OF SCHOLARSHIP AND DURATION
Universal Citation: 5 NM Admin Code 5.7.35.9
Current through Register Vol. 35, No. 18, September 24, 2024
A. Institutions shall make awards to qualifying school employees based on financial need. The following provisions shall also apply to the scholarship:
(1) each
scholarship award is for a period of one semester;
(2) the scholarship may apply to educational
expenses including tuition, fees, books and course supplies; and
(3) awards shall not exceed six thousand
dollars ($6,000) per academic year.
B. An award recipient may not receive more than five academic years of the scholarship. A scholarship may be renewed as long as the student continues to meet the conditions of eligibility in Subsection A of 5.7.35.8 NMAC and maintains satisfactory academic progress or until the student graduates from an eligible institution.
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