New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 7 - TUITION AND FINANCIAL AID
Part 5 - TEACHER LOAN REPAYMENT PROGRAM
Section 5.7.5.7 - DEFINITIONS
Universal Citation: 5 NM Admin Code 5.7.5.7
Current through Register Vol. 35, No. 18, September 24, 2024
A. "Department" means the New Mexico higher education department.
B. "Loan" means a grant of funds to defray the educational expenses incidental to a teacher education, under a contract between the federal government and a teacher, requiring repayment of principal and interest.
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