summary
Introduced
01/20/2022
01/20/2022
In Committee
02/16/2022
02/16/2022
Crossed Over
02/13/2022
02/13/2022
Passed
02/17/2022
02/17/2022
Dead
Signed/Enacted/Adopted
03/04/2022
03/04/2022
Introduced Session
2022 Regular Session
Bill Summary
AN ACT RELATING TO HIGHER EDUCATION; ENACTING THE OPPORTUNITY SCHOLARSHIP ACT; AMENDING, REPEALING AND ENACTING SECTIONS OF THE NMSA 1978; MAKING AN APPROPRIATION.
AI Summary
This bill, the Opportunity Scholarship Act, establishes a new scholarship program for eligible New Mexico residents enrolled in at least 6 credit hours at public post-secondary educational institutions or tribal colleges. The scholarship covers up to 100% of tuition and fees after other state aid is applied. Eligible students must maintain a 2.5 GPA and can receive the scholarship until they earn a bachelor's degree or 160 credit hours. The Higher Education Department will administer the program, including setting rules for student eligibility and award amounts. The bill also creates the Opportunity Scholarship Fund to support the program and repeals existing scholarship programs.
Committee Categories
Budget and Finance, Education
Sponsors (2)
Last Action
Signed by Governor - Chapter 42 - Mar. 4 (on 03/04/2022)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=140&year=22 |
| BillText | https://www.nmlegis.gov/Sessions/22%20Regular/final/SB0140.pdf |
| BillText | https://www.nmlegis.gov/Sessions/22%20Regular/bills/senate/SB0140.pdf |
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