Section 21-21B-3 - Fund; creation.

NM Stat § 21-21B-3 (2019) (N/A)
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A "work-study fund" is created in the state treasury. The commission is instructed to create and maintain a state work-study program in accordance with the Work-Study Act. The commission is authorized to promulgate rules and regulations necessary to administer the Work-Study Act. A financial aid officer may exercise professional judgment when special circumstances exist to adjust cost of attendance or expected family contribution or to modify other factors that make the program responsive to a student's special financial circumstances and for which documentation exists in the student's file within the parameters authorized for this program.

History: Laws 1982, ch. 88, § 3; 1991, ch. 262, § 1.

The 1991 amendment, effective June 14, 1991, substituted "commission" for "board" in two places and added the final sentence.