1. A. "Department" means the New Mexico higher education department.
2. B. "Committee" means the health professions advisory committee of the department.
3. C. "Loan" means a grant of funds to defray the costs incidental to a nursing education, under a contract between the department and a student, requiring repayment with services or repayment of principal and interest and any fees.
4. D. "Student" means an individual who is a resident of New Mexico and is degree seeking and enrolled in at least three (3) credit hours in a nurse education program at a New Mexico public college or university.
5. E. "Service" means employment in a nurse faculty position at a New Mexico college or university.
6. F. "Extenuating circumstances" means circumstances not within the control of the recipient.
7. G. "Eligible institution" means any New Mexico public, post-secondary institution.

[5.7.32.7 NMAC - N, 1/15/2008]