The New Mexico Legislative Lottery Scholarship is a valuable opportunity for high school graduates and recipients of the New Mexico high school equivalency credential. This scholarship provides financial assistance to eligible students pursuing their education on a full-time basis. It covers a portion of their tuition expenses, encouraging them to enroll in two-year or four-year degree programs.
To maintain eligibility for the Legislative Lottery Scholarship, students must meet certain requirements, including attending and completing a specified number of terms. The scholarship offers a maximum award for up to eight terms, providing crucial support throughout a student’s academic journey.
The New Mexico State Legislature established the Legislative Lottery Scholarship to promote access to higher education and empower students in pursuing their educational aspirations. It is available for both the fall and spring terms, ensuring that students can benefit from the scholarship throughout the academic year.
The Legislative Lottery Scholarship plays a vital role in supporting students’ attendance at institutions of higher learning. It eases the financial burden and enables students to focus on their studies, unlocking opportunities for personal and academic growth.
In summary, the New Mexico Legislative Lottery Scholarship is a valuable resource that encourages and supports high school graduates and equivalency credential recipients in their pursuit of higher education. By covering a portion of tuition expenses and providing financial assistance for multiple terms, this scholarship plays a significant role in making education more accessible and affordable for students in New Mexico.
What is the Legislative Lottery Scholarship?
The Legislative Lottery Scholarship is a program funded by the New Mexico State Legislature and administered by the New Mexico Higher Education Department. The scholarship is awarded to New Mexico high school graduates who meet the eligibility requirements.
Eligibility Requirements
To be eligible for the Legislative Lottery Scholarship, students must meet the following requirements:
- Be a resident of New Mexico
- Graduate from a New Mexico public or accredited private high school or obtain a GED
- Enroll as a full-time student at a New Mexico public university or college within 16 months of high school graduation or completion of a GED
- Maintain a cumulative GPA of 2.5 or higher after completing 15 credit hours per semester or 30 credit hours per academic year
- Be eligible for in-state tuition
Application Process
To apply for the Legislative Lottery Scholarship, students must complete the Free Application for Federal Student Aid (FAFSA) and the New Mexico Legislative Lottery Scholarship application by July 1st of each year. Students must also submit an official high school transcript or GED certificate to the New Mexico Higher Education Department.
Award Amount
The Legislative Lottery Scholarship covers a portion of tuition costs for eligible students at a New Mexico public university or college. The award amount varies depending on the institution and the number of credit hours taken per semester. For the 2022-2023 academic year, the maximum award amount is $2,983 per semester.
Renewal Requirements
Students who receive the Legislative Lottery Scholarship must maintain a cumulative GPA of 2.5 or higher and complete 15 credit hours per semester or 30 credit hours per academic year to continue receiving the award. The scholarship is renewable for up to eight semesters or 16 quarters.
Conclusion
The Legislative Lottery Scholarship is an excellent opportunity for New Mexico residents to receive financial aid for their higher education. By meeting the eligibility requirements and submitting the necessary documents, students can receive a significant portion of their tuition costs covered by the scholarship. We hope this article has provided valuable information for those considering applying for the Legislative Lottery Scholarship.
In conclusion, the Legislative Lottery Scholarship provides a significant financial aid opportunity for students in New Mexico. By meeting the eligibility requirements and submitting the necessary documents, students can receive a significant portion of their tuition costs covered by the scholarship. We hope this article has provided valuable information for those considering applying for the Legislative Lottery Scholarship.
