ALBUQUERQUE, N.M. — The New Mexico Lottery Scholarship will cover the full amount of tuition for eligible students at all public and Tribal colleges and universities, according to an announcement by the state's Higher Education Department Friday morning.
This marks the first time that the Lottery Scholarship has covered 100% of tuition for all eligible students since 2015.
“Inability to afford the rising cost of a college education continues to be a barrier for too many students to pursuing degrees that will benefit not only themselves, but our state overall,” Higher Education Department Secretary Stephanie Rodriguez said. “With increased funding for the New Mexico Lottery and Opportunity Scholarships, we can help students invest in their future without having to worry about burdensome debt or choosing between making ends meet and their education.”
State officials said the scholarship will be funded at $63.5 million for 2022, over a 30% increase from last year's funding of $43 million.
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