The bill mandates that each post-secondary educational institution in New Mexico, with the exception of certain specialized schools, designate a full-time-equivalent staff member as a higher education liaison specifically for students experiencing homelessness. This liaison will be responsible for identifying and contacting students who indicate homelessness on their federal student aid applications, informing them about available resources, assisting with financial aid applications, helping manage coursework, and creating training materials for faculty and staff to recognize signs of homelessness and provide appropriate referrals.

Additionally, the bill includes an appropriation of $500,000 from the general fund to the higher education department for the fiscal year 2026. This funding is intended to support training for higher education liaisons, faculty, and staff on best practices for assisting students experiencing homelessness. The higher education department is also tasked with collaborating with the New Mexico basic needs consortium to ensure effective training and conducting an annual survey on homelessness among students, with the results published on their website.