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Bill > HB347


NM HB347

Behavioral Health Program Financial Aid


summary

Introduced
02/07/2025
In Committee
03/05/2025
Crossed Over
Passed
Dead
03/22/2025

Introduced Session

2025 Regular Session

Bill Summary

AN ACT MAKING AN APPROPRIATION FOR FINANCIAL AID AND PAID PRACTICUMS FOR STUDENTS IN DEGREE-GRANTING PROGRAMS IN BEHAVIORAL HEALTH FIELDS.

AI Summary

This bill appropriates $10 million from the New Mexico general fund to the state's higher education department to provide financial support for students pursuing bachelor's and master's degrees in behavioral health fields, including substance addiction counseling, at state universities and tribal colleges. The funding, which will be available in fiscal years 2026 and 2027, aims to increase enrollment and graduation rates in these critical healthcare programs. The higher education department will distribute the funds based on the number of New Mexico residents enrolled in behavioral health programs during fiscal year 2024, with a requirement that participating institutions certify that the funds will supplement, not replace, existing program funding. Any unspent money at the end of fiscal year 2027 will be returned to the general fund. The ultimate goal is to address workforce shortages in behavioral health and substance addiction counseling by providing scholarships, financial aid, and paid practicums to encourage more students to enter and complete these degree programs.

Committee Categories

Education, Health and Social Services

Sponsors (1)

Last Action

House Appropriations & Finance Committee (13:30:00 3/11/2025 Room 307) (on 03/11/2025)

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