KUNM

lottery scholarship

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The Higher Education Department announced this week that the share of tuition covered by the lottery scholarship will drop from 90 percent to 60 percent. But student leaders say the scholarship is vital for students who rely on it. 

Lisa Brewster / Creative Commons via Flickr

A bill that uses liquor taxes to fund tuition assistance is set to expire next year. If that happens, students will have to dig even deeper into their pockets to pay for schooling. University of New Mexico students planned to raise the issue at the Roundhouse Monday.

Lottery Proposal: More Cash Prizes Would Yield More Scholarships

Mar 14, 2015
Brak Perkins via Flickr / Creative Commons License

The cost of tuition at New Mexico public universities is rising and more students are taking advantage of the lottery scholarship, which pays almost full tuition for qualifying students—but fewer people are buying the scratch-off tickets that fuel the scholarship fund.

That’s one of the factors contributing to a slow-building crisis in scholarship funding.