Best Higher Education Grants in New Mexico

New Mexico Health Care Authority

The New Mexico Health Care Authority is a new agency that launched on July 1, 2024. This groundbreaking development is the result of merging the New Mexico Human Services Department, the State Employee Benefits team from the General Services Department, and the Developmental Disabilities Supports Division and Division of Health Improvement from the New Mexico Department of Health, and the Health Care Affordability Fund from the Office of Superintendent of Insurance.

This marks a significant milestone for the people of New Mexico as this new agency will work toward our vision of providing health care and safety net services to all New Mexicans.

The New Mexico Health Care Authority will leverage purchasing power, partnerships and data analytics to create innovative policies and models of comprehensive coverage for New Mexicans.

Graduate Medical Expansion Grant

The New Mexico Health Care Authority (HCA) will award $1 million in grant funding to establish or expand residency programs and support primary care workforce beginning July 1, 2026. Award amounts will depend upon the number of applications received, overall funding, and availability of funds.

Funding will be awarded to applications that align with three key strategies:

• Establish new or expanding existing primary care GME residency programs by creating new first-year residency positions;
• Sustain existing primary care residency programs that maintain access to care in underserved areas or with underserved populations; and
• Develop new primary care workforce training pathways (nursing, physician assistant, or dental residency programs).

This funding opportunity is supported through the Primary Care Physician Training Expansion as authorized in House Bill 480.

The L.B. Research and Education Foundation Grant Program supports U.S.-based nonprofits focusing on innovative education and health solutions for underserved populations. Eligible organizations can apply by submitting a 400-word concept paper, and selected applicants may receive funding ranging from $10,000 to $75,000. The Foundation prioritizes projects that foster critical thinking and creativity, address health disparities, and encourage collaboration. There are no application deadlines, promoting year-round engagement.

The Vulcan Materials Company Foundation Grant focuses on enhancing community quality of life through education, environmental stewardship, and employee involvement. Established in 1988, the Foundation supports public charities and government units, prioritizing proposals that improve public education and promote sustainable practices. Special consideration is given to initiatives that engage Vulcan employees and integrate multiple focus areas, ensuring a positive impact in the local communities where Vulcan operates.