New Mexico § 21-21R-8 Department rulemaking and reporting

New Mexico Statutes

§ 21-21R-8 — Department rulemaking and reporting

New Mexico § 21-21R-8

Ch. 21State and Private Education Institutions

Art. 21ROpportunity Scholarship

This text of New Mexico § 21-21R-8 (Department rulemaking and reporting) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 21-21R-8 (2026).

Text

A. The department shall promulgate rules setting forth explicit criteria in accordance with the Opportunity Scholarship Act for:

(1)student qualification and continuing eligibility;

(2)calculating the total amount of money necessary to pay for opportunity scholarships at each eligible institution pursuant to Section 4 [21-21R-4 NMSA 1978] of the Opportunity Scholarship Act and guidelines for the administration of the Opportunity Scholarship Act; and (3) requirements for the memoranda of understanding regarding institution eligibility to participate in the opportunity 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 the:

(1)status of the opportunity scholarship fund; and

Free access — add to your briefcase to read the full text and ask questions with AI

A. The department shall promulgate rules setting forth explicit criteria in accordance with the Opportunity Scholarship Act for: (1) student qualification and continuing eligibility; (2) calculating the total amount of money necessary to pay for opportunity scholarships at each eligible institution pursuant to Section 4 [21-21R-4 NMSA 1978] of the Opportunity Scholarship Act and guidelines for the administration of the Opportunity Scholarship Act; and (3) requirements for the memoranda of understanding regarding institution eligibility to participate in the opportunity 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 the: (1) status of the opportunity scholarship fund; and (2) Opportunity Scholarship Act participation data aggregated for each eligible institution to show the: (a) number of eligible students who received scholarships in the prior academic year; (b) total number of students enrolled in eligible institutions in the prior academic year; and (c) number of eligible students who graduated with a degree and, for each eligible student, the number of consecutive semesters and nonconsecutive semesters attended prior to graduation.