New Mexico Legislative Lottery Scholarship
The Legislative Lottery Scholarship was established in 1996 for New Mexico residents who graduate from New Mexico high schools. The award covers approximately $2400 a semester for tuition on a first dollar basis at in-state public 2-year or 4-year institutions. Students must also meet merit requirements. The program is funded by the New Mexico Lottery system.
Year the Program was Founded
1996
Promise Typology Category
State merit-based aid programs
State
New Mexico
Residency Requirement
State
K-12 School Attendance Requirement
State High School
Type of Award
Financial Award
Financial Award is Limited to Students with Financial Need
No
Financial Award is Limited to Students who Meet Academic Achievement Requirements
Yes
Disbursement of Financial Aid
First Dollar
Year Requirement for Full Aid
1
Sponsored by Single Agency
Yes
Program Offers Support Services
No
PennAHEAD's research team created a comprehensive database that identifies the key components of College Promise programs operating nationwide.
