NM HB30

Undergraduate teaching residents must receive a stipend of at least 65% of the statutory minimum salary for level one teachers, while residents with a bachelor's degree must receive at least 80%

Teaching residents may fulfill their three-year post-completion service commitment at any public school in New Mexico, not just within the sponsoring school district

Partner school districts and charter schools are expected to offer employment to teaching residents based on staffing needs and the resident's performance

Level two and level three mentor teachers and principals/head administrators receive stipends of at least $2,000 per year for participating in the program

Teacher residency program coordinators receive funding of at least $50,000 per year at each department-approved program