N.M. Admin. Code § 5.7.2.10 - 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 his/her education expenses, as determined by a standardized needs analysis system, and shall be the basis for preference among otherwise eligible students;

D. a designated shortage area endorsement of the applicant;

E. a designated shortage area funding match of the applicant; and,

F. an applicant seeking to obtain a certificate, license, or degree, in a New Mexico certified/accredited program outlined in Subsection C in 5.7.2.7 NMAC, which requires two (2) years or more of study for completion.

Notes

N.M. Admin. Code § 5.7.2.10

7/15/98, 5.7.2.10 NMAC - Rn, 5 NMAC 7.2.10, 6/29/01; A, 5/30/08