N.M. Admin. Code § 5.7.3.13

Current through Register Vol. 35, No. 24, December 23, 2024

Section 5.7.3.13 - INELIGIBLE DEBTS

The following educational debts are not eligible for repayment under this program:

A. amounts incurred as a result of participation in any department administered loan-for-service program or other state programs whose purpose states that service be provided in exchange for financial assistance, such as the New Mexico health service corps;

B. scholarships which have a service component/obligation such as the national health service corps scholarship; and

C. personal loans from friends, relatives and other family members, loans which exceed individual standard school expense levels; the committee may consider cases of extenuating circumstances.

N.M. Admin. Code § 5.7.3.13

7/15/98; 5.7.3.13 NMAC - Rn & A, 5 NMAC 7.3.13, 7/31/05