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NM SB56

NM SB56
Nursing Student Loan Repayment


summary

Introduced
01/19/2022
In Committee
01/31/2022
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT MAKING APPROPRIATIONS TO THE HIGHER EDUCATION DEPARTMENT FOR FINANCIAL AID FOR NURSING STUDENTS AND LOAN REPAYMENT ASSISTANCE FOR NURSES IN ADVANCED PRACTICE.

AI Summary

This bill appropriates a total of $750,000 from the general fund to the Higher Education Department for the 2023 fiscal year. Specifically, it allocates $375,000 for financial aid to nursing students under the Nursing Student Loan for Service Act, and $375,000 for loan repayment assistance to nurses in advanced practice under the Health Professional Loan Repayment Act. Any unused funds will revert to the general fund at the end of the fiscal year.

Committee Categories

Budget and Finance, Education

Sponsors (1)

Last Action

Action Postponed Indefinitely (on 01/31/2022)

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