Chapter 21, Article 21I NMSA 1978 may be cited as the “Minority Doctoral Loan Repayment Assistance Act”. History: Laws 1990 (1st S.S.), ch. 8, § 1; 1991, ch. 262, § 22; 1994, ch. 79, § 1; 2017, ch. 83, § 1. ANNOTATIONS The 2017 amendment, effective June 16, 2017, changed the Minority Doctoral Assistance Loan […]
The purpose of the Minority Doctoral Loan Repayment Assistance Act is to increase the number of ethnic minorities and women available to teach engineering, physical or life sciences, mathematics and other academic disciplines in which ethnic minorities or women are demonstrably underrepresented in New Mexico colleges and universities. Additionally, the purpose of the Minority Doctoral […]
As used in the Minority Doctoral Loan Repayment Assistance Act: A. “department” means the higher education department; B. “eligible institution” means an accredited institution of higher education that offers a doctoral degree-granting program in the fields of engineering, physical or life sciences, mathematics or other academic disciplines in which ethnic minorities or women are demonstrably […]
A. The department may award a minority doctoral loan repayment assistance grant to a recipient who: (1) has been hired by a public post-secondary educational institution in New Mexico for a full-time, tenure-track faculty position; (2) has complied with all of the rules adopted by the department pursuant to the Minority Doctoral Loan Repayment Assistance […]
A. A minority doctoral loan repayment assistance grant shall be evidenced by a contract between the recipient and the department and shall be signed by the recipient and an authorized representative of the department. B. The contract shall provide that, in consideration for the department’s payment of up to twenty-five thousand dollars ($25,000) per year […]
History: Laws 1990 (1st S.S.), ch. 8, § 6; repealed by Laws 2017, ch. 83, § 7. ANNOTATIONS Repeals. — Laws 2017, ch. 83, § 7 repealed 21-21I-6 NMSA 1978, as enacted by Laws 1990 (1st S.S.), ch. 8, § 6, relating to delegation of contract rights, effective June 16, 2017. For provisions of former […]
The department shall adopt rules to implement the provisions of the Minority Doctoral Loan Repayment Assistance Act. The rules: A. shall provide procedures for awarding minority doctoral loan repayment assistance grants; B. shall provide procedures for determining the amount of each minority doctoral loan repayment assistance grant; and C. may provide for the disbursement of […]
The contract entered into between the student and the sponsoring institution may be cancelled upon approval of the commission [department] for any reasonable cause deemed sufficient by the commission [department] in accordance with its rules and regulations. History: Laws 1990 (1st S.S.), ch. 8, § 8. ANNOTATIONS Bracketed material. — The bracketed material was inserted […]
