by Paul J. Gessing
Rio Grande Foundation
February 26, 2014
New Mexico’s lottery scholarship program has the potential to be an incredible boon to students throughout the state who are looking to better themselves and their economic opportunities through education. Since 1996, more than 82,600 students from across the state have attended New Mexico public colleges, universities and technical colleges with the help of Legislative Lottery Scholarships. The program pays 100% of tuition for eight consecutive semesters of eligibility beginning with the second semester of college enrollment as long as those students maintain a 2.5 GPA in their college studies. However, there are serious issues associated with the Lottery program and its funding mechanism. There are also serious questions over whether the program provides maximum benefits in terms of economic and educational outputs. As the Legislature considers reforms to extend the financial solvency of the Lottery Scholarship program, it should consider the following additional factors.

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