Section 21-21J-5 - Scholarship authorized; administration; preference in scholarship awards.

21-21J-5. Scholarship authorized; administration; preference in scholarship awards.

A.     The commission shall administer the Legislative Endowment Scholarship Act [21-21J-1 NMSA 1978] 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 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.