New Mexico Administrative Code

Education Trust Board, State of New Mexico, attention: Executive Director.

[Reserved.]

Provisions for 5.7.30 NMAC apply to the Education Trust Board and the college savings program

Sections 21-21K-1 through 21-21K-7 NMSA 1978

Permanent

October 15, 2017

The Education Trust Board is responsible for developing and administering a college savings program under the Education Trust Act in a manner that allows account owners and beneficiaries to obtain and maintain federal tax benefits or treatment provided by the Internal Revenue Cod…

The following terms shall have the following meanings in this rule: A. "Act" means Section 21-21K-1 et seq. NMSA 1978. B. "Board" means the education trust board of the state of New Mexico. C. "Chair" means the chair of the board or any person acting under the delegated authority…

A. The board shall select and hire an executive director, based upon a demonstrated history of relevant skills and abilities, whose responsibility it shall be to perform such duties as may be delegated by the board, including but not necessarily limited to the direction and overs…

A. Account applications requirements:(1) each applicant shall submit an application to the board or any agent or contractor designated by the board on such forms and with such attachments as the board may require; (2) the application shall contain such information as the board ma…

State of New Mexico Higher Education Department

A. The loan repayment award shall be evidenced by a contract between the participating attorney and the department acting on behalf of the state. The contract shall state the amount of the award and the obligations of the participating attorney under the public service law loan r…

A. The general form of the contract required shall be prepared and approved by the attorney general and the department of finance and administration and signed by the participating attorney and by the cabinet secretary of the department or the cabinet secretary's designated repre…

A. The "public service law advisory committee" is created to advise the department on matters relating to the administration of the Public Service Loan Repayment Program. B. The committee is composed of: (1) the dean of the university of New Mexico law school or the dean's design…

The department may cancel any contract made between it and any participating attorney for any reasonable cause deemed sufficient by the department.

The department shall make an annual report to the governor and the legislature, prior to each regular session, of its activities, including the loan repayment awards granted, the names and addresses of participating attorneys and their employers who are in public service employme…

Provisions for 5.7.31 NMAC apply to certain practicing public law professionals in New Mexico.

Sections 21-22F-1 through 21-22F-11, NMSA 1978.

Permanent.

December 31, 2007, unless a later date is cited at the end of a section.

The objective of the Public Service Law Loan Repayment Program is to improve access to the justice systems in New Mexico by increasing the number of attorneys in public service employment through a legal education loan repayment program.

A. "Department" means the New Mexico higher education department. B. "Committee" means the public service law advisory committee. C. "Legal education" means education at an American bar association accredited law school and any bar review preparation courses for the state bar exa…

A. The department may: (1) grant an award to repay loans obtained for legal education expenses of a participating attorney as consideration and inducement to the attorney to engage in public service employment; and (2) delegate to other agencies or contract for the performance of…

A. An applicant shall be licensed to practice in New Mexico as an attorney and shall declare intent to practice as an attorney in public service employment. B. Prior to submitting an application to the public service law loan repayment program, an applicant shall apply to all ava…

State of New Mexico Higher Education Department.

Selection shall be based on the following considerations and preferences: A. the ability, character, and qualifications of each applicant including a review of the individual's complete application; and B. the demonstrated interest of the applicant in serving in a nursing faculty…

The department shall be responsible for: A. developing program guidelines; B. advertising the program; C. processing applications, and presenting a list of eligible candidates to the committee; D. administering the loans, including: (1) disbursing funds; (2) keeping records on bo…

Loans can be made to students to defray expenses incurred while obtaining eligible degree under the following conditions and limitations: A. The amount may not exceed $7,500 per academic year. The department may set lower maximum award amounts based on the level of degree being o…

All loans shall be repaid to the state together with interest or forgiven according to the following. A. If a loan recipient fails to fullfill or is unable to commence their service obligation, the loan shall become due with interest at seven percent (7%) per year. The department…

A contract shall be drawn between each student receiving a loan and the department on behalf of the state of New Mexico. The contract shall: A. provide for the payment by the department of a specified sum as determined in 5.7.32.13 NMAC; B. state that interest will only begin to …

Provisions of 5.7.32 NMAC apply to New Mexico residents that are selected to participate in Nurse Educator loan-for-service program described in this rule.

Sections 21-1-27.7, NMSA 1978.

Permanent.

January 15, 2008, unless a later date is cited at the end of a section.

The objective and purpose of the New Mexico nurse educator loan-for-service program is to enhance the ability of current and future nursing educators to obtain bachelor's of science, master's of science and doctoral philosophy degrees.

A. "Department" means the New Mexico higher education department. B. "Committee" means the health professions advisory committee of the department. C. "Loan" means a grant of funds to defray the costs incidental to a nursing education, under a contract between the department and …

The health profession advisory committee is created to advise the department on matters relating to the administration of the nurse educator loan-for-service program. A. The committee shall be appointed by the department pursuant to policies and procedures of the department and s…

To be eligible for this program, a student must: A. be a New Mexico resident; B. be a citizen of the United States, or a permanent eligible non-citizen; C. be accepted by a public post-secondary institution into a degree granting, nursing education program necessary to enhance or…

New Mexico Higher Education Department

A. Written request: All requests for administrative review must be made in writing. B. Submittal deadline: All requests for administrative review must be received by the department within 30 days of the date of the applicable notice. Failure to submit a request within the prescri…

A. Purpose: The purpose of an administrative hearing is to provide the appellant with a fair and equal opportunity to be heard so that the administrative hearing officer may be completely informed in the matter and enabled to render a proper determination based on all the facts a…

A. Final determination: A final determination occurs: (1) when the administrative hearing officer makes his decision; or (2) if no request for hearing has been properly and timely submitted, thirty days following the date of the notice provided in accordance with 5.7.33.9 NMAC; o…

The information obtained by the department from the TRD under the Tax Refund Intercept Program Act shall be confidential and shall be used by the department only in pursuit of the collection of a judgment debt on an educational loan under the act.

Because there is an outstanding educational loan judgment balance which has not been paid, your name has been referred to the New Mexico Taxation and Revenue Department for the collection of this obligation. Any tax refund to which you may be entitled may be retained in full or p…

Because a judgment for an educational loan debt has been filed against your spouse, your name has been referred to the New Mexico state taxation and revenue department for collection of this obligation. Any tax refund to which you may be entitled may be retained in full or partia…

Sections 7-2C-1 through 7-2C-13 NMSA 1978.

Permanent.

October 31, 2017.