2006 New Mexico Statutes - Section 21-21H-3 — Definitions.

21-21H-3. Definitions.

As used in the New Mexico Scholars Act [ 21-21H-1 NMSA 1978]:   

A.     "academic year" means any consecutive period of two semesters, three quarters or other comparable units commencing with the fall term each year;   

B.     "award recipient" means a student awarded a New Mexico Scholars Act scholarship;   

C.     "commission" means the commission on higher education;   

D.     "eligible institution" means any degree-granting educational institution in New Mexico accredited by the north central association of colleges and secondary schools;   

E.     "satisfactory academic progress" means completion of at least twenty-four credit hours per year and maintenance of a cumulative grade point average of a minimum of 3.0 or higher on a scale of 4.0; and   

F.     "scholarship" means a scholarship awarded pursuant to the New Mexico Scholars Act.