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Current Status of the New Mexico Legislative Lottery Fund

For Spring 2014, the New Mexico State Legislature appropriated money to pay 100% of tuition for all students on this scholarship.

Student accounts were credited with 60% of this scholarship before the semester started; Financial Aid will credit students’ accounts with the remaining scholarship. University Accounts Receivable will apply this amount toward account balances or will issue a refund to students who do not currently owe a balance.

The Legislature made additional changes that will affect how the scholarship works in the future for some students, however all these stipulations are subject to change by the New Mexico HED.

Students who have received at least three semesters of Legislative Lottery payments, including Spring 2014, are considered “legacy” students, and their scholarships will not change.

  • They will still receive 100% of tuition.
  • The scholarship duration will remain at a total of 8 semesters (4 semesters at a community college but transferable to a 4-year college).
  • They will need to earn a minimum GPA of 2.5 or higher on 12 credits each semester.
  • All other conditions of the scholarship will remain in effect as before.

Students entering college as a freshman after Fall 2012 will see changes in the eligibility requirements, duration, and amount of their scholarships:

  • To maintain scholarship eligibility, students will need to enroll in 15 credits each semester (12 at a community college) and earn a minimum of 2.5 GPA each semester.
  • The scholarship will have a maximum duration of 7 semesters (3 at a community college), which is a decrease from the 8 semesters in the past.
  • The amount of the scholarship will be determined annually by the New Mexico Higher Education Department and will be announced June 1 of each year for the following academic year.

This is New Mexico State University’s interpretation of Senate Bill 347, passed by the New Mexico Legislature; the official rules and regulation for the Lottery Scholarship will be determined by the New Mexico Higher Education Department.

These conditions will be in effect starting with the Fall 2014 semester. For more information or further assistance, visit the Financial Aid Office at any NMSU campus.