Sections 7 through 14 [13] of this act [21-21O-1 to 21-21O-7 NMSA 1978] may be cited as the “Teacher Preparation Affordability Act”. History: Laws 2019, ch. 193, § 7. ANNOTATIONS Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Effective dates. — Laws 2019, ch. 193 […]
As used in the Teacher Preparation Affordability Act: A. “department” means the higher education department; B. “eligible student” means a New Mexico resident who is enrolled or enrolling at least half-time in an accredited public education department-approved teacher preparation program at a New Mexico public post-secondary educational institution or tribal college at any time later […]
A scholarship may be awarded to an eligible student who: A. has not earned appropriate educational credentials to be licensed as a teacher by the public education department; B. has demonstrated financial need consistent with the criteria promulgated by the department; and C. has complied with other rules promulgated by the department to carry out […]
A. The department shall administer the Teacher Preparation Affordability Act and shall promulgate rules to carry out the provisions of that act. B. Scholarships shall be awarded to qualified eligible students. Qualifications shall be determined by rule of the department. C. The department shall allocate money to public post-secondary educational institutions and tribal colleges based […]
Each scholarship is for a period of one semester. A scholarship may be renewed as long as the eligible student continues to meet the conditions of eligibility, until the eligible student graduates from a public post-secondary educational institution or tribal college. History: Laws 2019, ch. 193, § 11. ANNOTATIONS Effective dates. — Laws 2019, ch. […]
A scholarship is terminated upon occurrence of one or more of the following: A. the eligible student withdraws from the public post-secondary educational institution or tribal college or from the teacher preparation program or the eligible student fails to remain at least a half-time student; B. the eligible student fails to achieve satisfactory academic progress; […]
The “teacher preparation affordability scholarship fund” is created as a nonreverting fund in the state treasury that consists of income from investment of the fund; specified distributions; appropriations; and unspecified gifts, grants and donations to the fund. Money in the fund is subject to appropriation by the legislature to the department for scholarship awards as […]
