New Mexico Administrative Code
Title 5 - POST-SECONDARY EDUCATION
Chapter 7 - TUITION AND FINANCIAL AID
Part 8 - NEW MEXICO STUDENT INCENTIVE GRANT (NMSIG) PROGRAM
Section 5.7.8.10 - INSTITUTION ELIGIBILITY REQUIREMENTS
Current through Register Vol. 35, No. 18, September 24, 2024
To participate in the New Mexico student incentive grant program, a New Mexico post-secondary educational institution must be a public or other nonprofit institution which:
A. admits as regular students only persons having a certificate of graduation from a school providing secondary education, or the recognized equivalent of such a certificate, or persons who are beyond the age of compulsory school attendance and who have the ability to benefit from the training offered;
B. is legally authorized by the state of New Mexico to provide a program of education beyond secondary education;
C. provides an educational program for which it awards a bachelor's degree or provides not less than a two-year program which is acceptable for full credit towards such a degree or provides not less than a one-year program of training to prepare students for gainful employment in a recognized occupation;
D. is accredited by a nationally recognized accrediting agency or association; and
E. is included in the current bureau of higher and continuing education accreditation list of institutions eligible for federal grants.
