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.

Additionally, the bill requires the higher education department to collaborate with the New Mexico basic needs consortium to provide training on best practices for addressing the needs of homeless students. It also includes a provision for an annual survey on homelessness among students, with results published on the department's website. To support these initiatives, the bill appropriates $500,000 from the general fund for the fiscal year 2026 to fund training for liaisons and staff, with any unspent funds reverting to the general fund at the end of the fiscal year.