Gov. Bill Richardson presented his plan to expand the Lottery Success Scholarship to the UNM community on Thursday afternoon.

Under his plan to revamp the lottery scholarship, students would get a flat dollar amount rather than have tuition paid directly. The money would be deposited into an account under the student's name at his or her university.

Richardson said this initiative, one of five proposed changes to the lottery scholarship, would make families eligible for federal tuition tax credits.

"That will keep up to $6 million in New Mexico that our families won't have to pay in federal taxes," Richardson said.

[continues 410 words]