New Mexico Administrative Code

June 12, 2018, unless a later date is cited at the end of a section.

To provide a process for objective review of proposed graduate programs. Any public research or comprehensive higher education institution, as defined in Article XII, Section 11 of the New Mexico constitution operating within and receiving financial support from the state of New …

A. "Department" means the New Mexico higher education department. B. "Dormant programs" means degree programs that have not admitted new students for a period of three consecutive years. C. "Graduate program" or "program" means a sequence of courses, activities or experiences in …

A. No graduate degree program established after the effective date of 5.5.2 NMAC, nor any student enrolled in that program, shall be eligible for inclusion in any of the department's funding recommendations unless the program has been approved by the department cabinet secretary …

The following actions require the approval of the department cabinet secretary and the New Mexico state board of finance: A. Addition of a new graduate program. B. Addition of a doctoral degree in an academic discipline or sub-discipline in which a master's degree is already awar…

New Mexico Educational Assistance Foundation, 3900 Osuna NE, Albuquerque, New Mexico 87109

Servicing of the Foundation. Eligible Loans purchased by the Foundation shall be serviced by the Foundation or on behalf of the Foundation by a servicer in accordance with such procedures as may be approved by the Foundation from time to time.

Maximum Amount Permitted. The maximum amount of Eligible Loans permitted for an Eligible Borrower shall be determined in accordance with the Higher Education Act.

Lenders Required Information. At the time a Lender makes an Eligible Loan to an Eligible Borrower, the Lender shall provide thorough and accurate loan information to the Eligible Borrower as required by the Higher Education Act and the Guaranty Agency, which shall include: A. the…

Borrower Benefit Programs Authorized. The Borrower Benefit Programs known as the Easy Pay Program, Instant Savings Program, More Money Program, Pot of Gold Program, Teachers for Tomorrow Program and similar borrower benefit programs are authorized to be implemented by the Foundat…

A. Required Revisions. These regulations shall be subject to amendment, modification and revisions from time to time to conform to the same provision of the Higher Education Act or for any other purpose. B. Prohibited Revisions. If any such amendment, modification or revision wil…

New Mexico Educational Assistance Foundation

Sections 21-21A-1 through 21-21A-23 NMSA 1978(Act).

Permanent.

February 28,1998 unless a different date is cited at the end of a section or paragraph and applies to all student loan bonds issued on or after this date.

To establish rules and regulations governing the origination and acquisition of student loans by the New Mexico Educational Assistance Foundation pursuant to the Educational Assistance Act (Sections 21-21A-1 through 21-21A-23 NMSA 1978.

A. "Additional Bonds" means any Bonds, other than the 1998 Bonds, the Series 1999 Bonds and the Series 2000 Bonds, issued pursuant to the Indenture. B. "Bond" or bonds"means the 1998 Bonds, the Series 1999 Bonds, the Series 2000 Bonds and any Additional Bonds. C. "Borrower Benefi…

Prohibited Purchases. No Eligible Borrower or any related person thereto within the meaning of Section 144(a) (3) of the Internal Revenue Code of 1986, as amended, shall purchase, pursuant to any arrangement, formal or informal, any notes, bonds or any other obligations of the Fo…

State of New Mexico Commission on Higher Education, 1068 Cerrillos Road, Santa Fe, New Mexico 87501-4295, (505) 827-7383

All public post-secondary educational institutions operating within and receiving financial support from the state of New Mexico.

Authority for 5 NMAC 5.3 [5.5.3 NMAC] is found in NMSA 1978 Sections 21-1-26 and 21-2-5.

Permanent.

December 31, 1998.

A. The designation of institutions for specialized technical programs is one way in which New Mexico's two-year institutions can function more effectively as a system. Such designation can avoid duplication of effort and make technical education more available to the citizens of …

[RESERVED]

The commission will recognize as programs of technical excellence a limited number of technology programs (one to two per year after initial designations) at two-year institutions according to the following criteria: A. Uniqueness of the program: designation as a "program of tech…

Proposals for designation as a program of technical excellence should address the criteria outlined above and should be submitted to the commission on higher education by July 1 annually after the first year. Submissions for the first year should be submitted by September 1, 1990…

State of New Mexico Commission on Higher Education, 1068 Cerrillos Road, Santa Fe, New Mexico 87501-4295, (505) 827-7383

A. The selection of projects will be based on a competitive process. B. Priority will be given to proposals from educational institutions for collaborative projects designed to increase educational services to New Mexico residents through resource sharing efforts. It is intended …

A. Proposals receiving funding from the ELF must result in a demonstrable product(s) (such as installed equipment, infrastructure connectivity, on-line library databases, faculty training programs, course syllabi, planning documents, etc.). B. Progress reports from ELF-funded pro…

Up to three years of funding may be provided on an annual basis, contingent upon funding being provided by the New Mexico legislature and the governor, and the nature of the project being funded.

A. The specific requirements for submitting proposals, and the time line for awards and submission of project reports will be specified annually in a published RFP. This RFP will be developed by commission staff in consultation with the commission. B. Proposals must be submitted …

A. The commission annually will request information about extended learning activities from each public post-secondary institution. B. All recipients of awards from the ELF will be required to provide progress and performance reports to the commission on a schedule set by the com…

All public schools and public post-secondary institutions in New Mexico are qualified to request funding through 5 NMAC 5.4 [now 5.5.4 NMAC].

Authority for 5 NMAC 5.4 [now 5.5.4 NMAC] is found in NMSA 1978; Sections 21-2A-11 and 21-2A-12.

Permanent.

September 30, 1996 [unless a later date is cited at the end of a section].

A. The objective of 5 NMAC 5.4 [now 5.5.4 NMAC] is to encourage and support the development and operation of extended learning programs that ensure equitable student access to educational opportunities throughout New Mexico. B. The extended learning fund was created in the state …

A. "Commission" means the New Mexico commission on higher education. B. "ELF" means the extended learning fund. C. "Extended learning" means the full range of available and developing modes for bringing instruction to learners, including live instructor delivery, instructional te…

A. The commission shall assign a separate fund and organization code for the ELF in an interest-bearing account with the New Mexico state treasurer and the New Mexico department of finance and administration. B. At the beginning of each fiscal year, the commission shall budget fu…

All public state-supported colleges, universities, off-campus instructional centers, area-vocational schools, technical-vocational schools, special schools and public schools in New Mexico are eligible to submit proposals for ELF funding.

State Board of Finance Division.

All institutions of higher learning.

[RESERVED]

[Permanent]

[Filed on January 23, 1976.]

In 1968, the board requested the following information be submitted to the board of educational finance when establishing a new program of instruction at any of the degree-granting New Mexico institutions of higher learning. The state board of finance at its meeting held March 11…

[RESERVED]

A. A description of proposed new program. B. If the proposed new program is already being offered at one or more New Mexico institutions of higher learning, give the f.t.e. enrollment for present year and the projected enrollment for the next five years, as well as present cost o…