The New Mexico Scholars Scholarship encourages New Mexico high school graduates to enroll in college before their 21st birthday in an undergraduate program. Students must have graduated from a New Mexico high school in the top 5 percent of their class or obtain a score of 25 on the ACT or 1140 on the SAT. They must have a combined family income that may not exceed $60,000 per year. The scholarship may be renewed annually until the award recipient has received four annual scholarship awards or until the student graduates from a four-year institution, whichever is earlier. Students shall contact their institution's financial aid office for the deadline information, information on how to apply, and information on where or how to submit their application. Please visit the scholarship's website or contact the Financial Aid Division of the New Mexico Commission on Higher Education for more information.