The fund will be broke by next year,
according to projections. According to the study, more and more students have
become eligible for the lottery scholarship since it began in the late 1990s. Right now, 80 percent of incoming freshmen at UNM meet the scholarship’s
requirements.
On Tuesday, a couple dozen students and a few teachers offered
suggestions to keep the fund solvent, such as raising eligibility requirements,
increasing needs-based requirements or a combination of both.
The student group
will give their opinion to legislators during the upcoming legislative session
in 2013.
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