N.M. Stat. § 21-21I-3

Current through 2024, ch. 69

Section 21-21I-3 - Definitions

As used in the Minority Doctoral Loan Repayment Assistance Act:

A. "department" means the higher education department;

B. "eligible institution" means an accredited institution of higher education that offers a doctoral degree-granting program in the fields of engineering, physical or life sciences, mathematics or other academic disciplines in which ethnic minorities or women are demonstrably underrepresented;

C. "loan" means a grant of money pursuant to a contract between a recipient and a lender requiring repayment of principal with interest. A lender may include the federal government, a bank or the state; and

D. "recipient" means an individual who is a member of an ethnic minority or is a woman and who has successfully completed a doctoral degree-granting program at an eligible institution in the field of engineering, physical or life sciences or mathematics or another academic discipline in which ethnic minorities or women are underrepresented.

NMS § 21-21I-3

Laws 1990 (1st S.S.), ch. 8, § 3; 1991, ch. 262, § 24; 1994, ch. 79, § 2; 2017, ch. 83, § 3.

Amended by 2017, c. 83,s. 3, eff. 6/16/2017.