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New Mexico lottery scholarship program to fund full cost of tuition

SANTA FE, N.M. (AP) — New Mexico’s lottery scholarship program in the next academic year will cover full tuition for eligible in-state students at public and tribal colleges and universities for the first time since 2015. The state Higher Education Department announced Thursday that the scholarship will be funded at $63.5 million in the 2021-2022 fiscal year, a 30% increase, with the additional money coming from several sources. The scholarship paid full tuition for eligible students from 1996 to 2015 before it was reduced to levels as low as 60%. That was due to circumstances that included rising tuition rates.