N.M. Admin. Code § 5.7.13.10 - SELECTION OF LOAN RECIPIENTS
Selection shall be based on the following considerations and preferences:
A. the ability,
character, and qualifications of each applicant; this is to include a review of
the applicant's educational transcripts, letters of recommendation, and
references;
B. the demonstrated
interest of the applicant in serving in a designated shortage area of the
state;
C. the applicant's lack of
resources to pay for education expenses, as determined by a standardized needs
analysis system, and shall be the basis for preference among otherwise eligible
students; and
D. a designated
shortage area endorsement for the applicant.
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