N.M. Admin. Code § 5.3.6.7 - DEFINITIONS

A. "Committee" means the higher education endowment committee.

B. "Department" means the New Mexico higher education department.

C. "Eligible institution" means a New Mexico public post-secondary institution.

D. "Endowment" means the higher education endowment fund.

E. "Non-Government Funds" as used in Subsection E of 5.3.6.8 NMAC herein means no portion of the matching funds from an eligible institution may be derived from any federal, state or local government grant, allocation or appropriation of any type without limitation.

F."Proposal" means a formal request submitted to the higher education endowment committee to establish endowments at an eligible institution for endowment purposes.

Notes

N.M. Admin. Code § 5.3.6.7

Adopted by New Mexico Register, Volume XXVI, Issue 19, October 15, 2015, eff. 10/15/2015