The objective and purpose of the Student Choice Act and of the regulations promulgated thereunder is to make available state funds to students attending independent not-for-profit institutions of higher education, thereby broadening student choice and maximizing use of existing post-secondary educational resources and facilities, both public and independent, and thus benefitting the residents of the state of New Mexico. The broadening of educational choice will reduce the financial demands on the taxpayers of New Mexico.
N.M. Admin. Code § 5.7.11.6