State Codes and Statutes
Statutes > New-mexico > Chapter-21 > Article-21h > Section-21-21h-321-21H-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.
