Lawmakers announce lottery scholarship fund reduction for upcoming school year
Celia Raney and Celia_Raney | June 1The state scholarship that aids more than 25,000 students annually saw a 30 percent decrease in funds this week. The New Mexico Higher Education Department announced Wednesday morning that the state's legislative lottery scholarship will only cover 60 percent of students’ tuition for the 2017-2018 academic year — falling from 90 percent coverage in the 2015-2016 year and 100 percent as recently as 2014. The decrease in funds is reflected by an increase in tuition costs and a decrease in revenue for New Mexico higher education institutions — as well as overall dwindling scholarship funds.


















