N.M. Admin. Code § 5.2.2.13
Upon receipt of the detailed plan and survey, the commission shall determine whether there is sound and verifiable empirical evidence of significant need for establishing a new post-secondary entity that cannot be met by existing post-secondary institutions, whether the proposed model demonstrates a commitment to promoting innovation, collaboration, and cooperation among institutions, government agencies, public schools, business, and communities, whether the model will allow for rapid response to changing community needs and allow for the easy elimination of programs that are no longer necessary, whether the proposed model is the most efficient and effective option for the community, whether the community is ready and equipped to support the institution, learning center, or campus, and whether there is a sufficiently high expectation that the proposed institution, learning center, or campus will succeed in its mission at a cost acceptable to the state. If so, the commission will endorse the creation of the new institution, learning center or campus.
N.M. Admin. Code § 5.2.2.13