New Mexico Statutes 21-14A-9. State support; continuation; restriction
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A. All post-secondary institutions offering off-campus academic or vocational programs of no more than two years’ duration, not organized under Chapter 21, Article 13, 14, 16 or 17 NMSA 1978 but which were receiving state support July 1, 1980, may continue to receive state support for those programs through the seventy-first fiscal year.
Terms Used In New Mexico Statutes 21-14A-9
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
B. No off-campus program shall be eligible for state support unless it is established according to the provisions of the Off-Campus Instruction Act N.M. Stat. Ann. § 21-14A-1 to 21-14A-10 or meets the conditions of Subsection A of this section.