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UNM To Fund Difference In Lottery Scholarships

The University of New Mexico says it will step in to cover the difference in lottery scholarships for the spring semester for some students.

The state Higher Education Department notified colleges and universities last month that the scholarship award will not cover 100 percent of tuition this semester.

The scholarships will fund about 98 percent of tuition for 15 credit hours at UNM.

The university is paying the difference of about $56 for those students who have financial need or were recipients of merit scholarships.

More than half of students with lottery scholarship at UNM received the supplement.

Changes to the lottery scholarship program were enacted last year to shore up its finances because tuition increases and demand for the financial assistance had grown faster than lottery proceeds.

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