N.M. Stat. § 21-21I-7

Current through 2024, ch. 69

Section 21-21I-7 - Rulemaking

The department shall adopt rules to implement the provisions of the Minority Doctoral Loan Repayment Assistance Act. The rules:

A. shall provide procedures for awarding minority doctoral loan repayment assistance grants;

B. shall provide procedures for determining the amount of each minority doctoral loan repayment assistance grant; and

C. may provide for the disbursement of funds to a lender on behalf of a recipient in annual or other periodic installments.

NMS § 21-21I-7

Laws 1990 (1st S.S.), ch. 8, § 7; 1991, ch. 262, § 26; repealed and re enacted by Laws 2017, ch. 83, § 6.

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