N.M. Admin. Code § 5.7.34.6
The objective of 5.7.34 NMAC is to provide a guideline for implementing the Teacher Preparation Affordability Act (the Act). The purpose of the Act is to encourage eligible New Mexico students to attend and complete an accredited public education department approved teacher preparation program at a New Mexico public post-secondary educational institution or a tribal college by providing a scholarship opportunity. The Act also provides a scholarship opportunity for licensed teachers enrolled in a graduate program in education or a degree related to their teaching specialty. The scholarship is intended to help defray the educational expenses charged by the public postsecondary institution or tribal college including tuition, fees, books and course supplies and living expenses.
N.M. Admin. Code § 5.7.34.6