New Mexico High Education and Retention Conference
February 27-28, 2014
Albuquerque, New Mexico
SAEM attendees included: Jeanelle Chavez, Claire Cortner, Ben Gabriel, Michael Jasek, Phillip Johnson, David Melendez, Melody Munson-McGee
New Mexico Higher Education Department Update
Mark Chisholm of the HED spoke in detail about the funding formula, as well as changes to the Lottery Scholarship and its future. In terms of funding, he provided a good overview of the differences between HED’s model and the approach favored by New Mexico’s institutions of higher education. Over the next year, these entities will be looking to find consensus in their approaches to funding. Chisholm also talked about the HED’s perspective on legislature’s solution to the solvency of the Lottery Scholarship and what HED will need to do in the coming months to make it operational. Long term, it looks as if the Lottery Scholarship will need to continue to evolve in order to be sustainable.