Governor signs bill shoring up New Mexico lottery scholarship
Santa Fe, NM (KTSM) — New Mexico college students can breathe a little easier tonight knowing their scholarships are no longer in jeopardy.
Governor Susanna Martinez today signed a bill in to law that shores up the state's lottery scholarship.
Right now the scholarship pay the full cost of tuition New Mexico high school graduates attending an in state college or university.
However, too much demand meant the scholarship's funding was in jeopardy.
The scholarship program will now receive liquor tax money for two years starting in 2015, and money in the state's budget has been set aside to help fill the gap until then.