A. The department may award a minority doctoral loan repayment assistance grant to a recipient who:
(1) has been hired by a public post-secondary educational institution in New Mexico for a full-time, tenure-track faculty position;
(2) has complied with all of the rules adopted by the department pursuant to the Minority Doctoral Loan Repayment Assistance Act; and
(3) is a citizen of the United States.
B. The department shall give preference to a recipient who has completed a post-secondary degree at an institution designated in Article 12, Section 11 of the constitution of New Mexico.
History: Laws 1990 (1st S.S.), ch. 8, § 4; 1991, ch. 262, § 25; 2017, ch. 83, § 4.
The 2017 amendment, effective June 16, 2017, revised the conditions for eligibility for repayment of loans through the minority doctoral loan repayment assistance program, including removing the requirements that eligible participants must graduate with a baccalaureate degree from a New Mexico four-year, public postsecondary educational institution and be accepted for enrollment as a full-time doctoral student at an eligible institution, requiring eligible participants to be hired at a public postsecondary educational institution for a full-time, tenure-track faculty position, and giving preference to recipients who have completed a postsecondary degree at an institution designated in Article XII, Section 11 of the Constitution of New Mexico; designated the previously undesignated introductory clause as Subsection A and deleted former Subsections A and B; in Subsection A, added "The department may award", after "minority doctoral", added "loan repayment", after "assistance grant", deleted "may be awarded to a student" and added "to a recipient"; designated former Subsections C through E as Paragraphs A(1) through A(3), respectively; in Paragraph A(1), after "has been", deleted "interviewed and approved by an academic committee from the sponsoring" and added "hired by a public post-secondary educational", after "institution", added "in New Mexico for a full-time, tenure-track faculty position"; in Paragraph A(2), after "complied with all", added "of", after "rules", deleted "and regulations", after "adopted by the", deleted "commission" and added "department", after "Minority Doctoral", added "Loan Repayment", and after "Assistance", deleted "Loan for Service Program" and added "Act"; and added Subsection B.
The 1991 amendment, effective June 14, 1991, substituted "Loan for Service Program" for "Act" at the end of Subsection D.
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