A. The commission [department] shall administer the Legislative Endowment Scholarship Act and shall adopt all rules, regulations and policies necessary to administer that act.
B. Scholarships shall be awarded to qualified applicants. Qualifications shall be determined by the commission [department] pursuant to its adopted rules, regulations and policies.
C. Preference in awarding scholarships shall be to qualified applicants who are returning students or transfer students from public two-year post-secondary educational institutions.
History: Laws 1995, ch. 35, § 5.
ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
For designation of the commission on higher education as the higher education department, see 9-25-4.1 NMSA 1978.
Effective dates. — Laws 1995, ch. 35 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 16, 1995, 90 days after adjournment of the legislature.