I don’t have a kid at UNM, though it’s high on our list.
Here’s a paste from the description of the OOS Regents:
"Approximately $18,337 plus the Amigo Scholarship per year
Renewable for 4 years"
Per year and renewable tend to make me think it’s $18+k per year, not $18k over 4 years, but the only way to know for sure is to call/email them and confirm.
I can see how “per year” might apply only to the Amigo (I think they need a comma after the amount, and then after Scholarship), but even so, there’s “renewable.” If you find out, please let us know.