§ 21-21N-6 — Department rulemaking and reporting

A. The department shall promulgate rules setting forth explicit criteria in accordance with the Legislative Lottery Tuition Scholarship Act for: (1) student qualification and continuing eligibility; and (2) calculating the tuition scholarship award amount pursuant to Section 4 [21-21N-4 NMSA 1978] of the Legislative Lottery Tuition Scholarship Act and guidelines for the administration of the tuition scholarship program. B. The department shall report by November 1 of each year to the legislative finance committee and the department of finance and administration on: (1) the status of the fund; (2) tuition scholarship program participation data aggregated for each public post-secondary educational institution to show: (a) the number of qualified students and the number of legacy students who received tuition scholarships in the prior twelve-month period; (b) the total number of students, including qualified students and legacy students, enrolled in the prior twelve-month period; (c) for each semester, the amount of tuition scholarships funded and the amount of tuition costs that were not offset by the tuition scholarship; and (d) the number of qualified students and the number of legacy students who graduated with a degree and, for each qualified student, the number of consecutive semesters and nonconsecutive semesters attended prior to graduation; and (3) any additional information required or requested by the legislative finance committee or the department of finance and administration.

Legislative History

Laws 2014, ch. 80, § 6.