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Mon August 26, 2013
NM Task Force Studies Lottery Scholarship Program
A state task force has begun considering possible changes to keep New Mexico's lottery-funded college scholarship program from running short of money.
New Mexico students qualify for a scholarship covering tuition by meeting certain enrollment criteria and academic achievements.
Scholarship costs are growing faster than lottery revenue in part because of tuition increases, and Higher Education Secretary Jose Garcia says scholarships could be scaled back as soon as next year if legislators don't act in their next annual session.
The Albuquerque Journal reports that a task force of legislators and university officials has met once and plans to meet again in September.
A nonprofit advocacy group recently recommended that the program be changed to provide assistance based on a student's financial need.
Information From: Albuquerque Journal.
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