New Mexico Statutes Chapter 21. State and Private Education Institutions § 21-21R-5. Duration of scholarship authorized

A. Each scholarship is for a period of one semester, including the summer semester.  A scholarship may be renewed if the eligible student continues to meet the conditions of eligibility.

B. Scholarships may be provided to an eligible student until the eligible student receives a credit-bearing certificate or certificates.

C. Scholarships may be provided to an eligible student for up to ninety credit hours for the completion of one associate degree;  provided that dual credit courses that an eligible student previously completed shall not count toward the credit-hour cap.

D. Scholarships may be provided to an eligible student for up to one hundred sixty credit hours for the completion of one bachelor's degree;  provided that dual credit courses that an eligible student previously completed shall not count toward the credit-hour cap.