As used in the Teacher Loan for Service Act: A. "commission" [department] means the commission on higher education [higher education department]; B. "loan" means a payment of money under contract between the commission [department] and a student that defrays the costs incidental to a teacher preparation program offered in a regionally accredited post-secondary educational institution in New Mexico and that requires repayment in services; C. "student" means a United States citizen who is enrolled in or accepted by an undergraduate or graduate teacher preparation program at a regionally accredited post-secondary educational institution in New Mexico; and D. "teacher preparation program" means a program that has been formally approved as meeting the requirements of the public education department and that leads to initial licensure or to additional licensure endorsements, including a program in a two-year post-secondary educational institution that meets the requirements for a teacher education transfer module established pursuant to Subsection C of Section 21-1B-4 NMSA 1978. History: Laws 2001, ch. 288, § 3; 2005, ch. 202, § 2. Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law. For designation of the commission on higher education as the higher education department, see 9-25-4.1 NMSA 1978. The 2005 amendment, effective June 17, 2005, provided in Subsection D that a teacher preparation program includes a program in a two-year post-secondary educational institution that meets the requirements for a teacher education transfer module established pursuant to Section 21-1B-4C NMSA 1978.
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