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New Mexico Financial Aid

New Mexico Higher Education Department

Medical Student Loan-for-Service

Amount: Up to $12,000;
Awards per Year: Varies;
The Award Is: Renewable;
Deadline: July 1.
Who Is Eligible?
Award Is Open To: College Graduate Students, College Doctoral Students
Majors/Fields of Study: Medicine, Physician’s Assistant
Citizenship: United States
Residency: New Mexico
Student Plans To Attend: University of New Mexico
Other Comments: Applicants must declare their intent to practice as a physician or Physician’s Assistant in a designated health professional shortage area in New Mexico. Preference is given to students at the University of New Mexico School of Medicine.
Contact: Please visit the website below to download an application for this program. For more information contact: New Mexico Commission on Higher Education’s Student Helpline 1-800-279-9777
Website:
Program Info


New Mexico Allied Health Student Loan for Service Program

Amount: Up to $12,000;
Awards per Year: Varies;
The Award Is: Renewable;
Deadline: July 1.
Who Is Eligible?
Majors/Fields of Study: Physical Therapy, Occupational Therapy, Speech & Hearing Sciences, Pharmacy, Health Care Administration, Health Sciences, Mental Therapy, Mental Health Sciences
Residency: New Mexico
Other Comments: This loan is available to students intending to pursue an education in the health professions. Recipients must repay the loan in the form of service to a under-served area in New Mexico.
Contact: Please visit the website below to download an application for this program. For more information contact: New Mexico Commission on Higher Education’s Student Helpline 1-800-279-9777
Website:
Program info

Health Professional Loan Repayment Program

Amount: Up to $12,500;
Awards per Year: Varies;
The Award Is: Renewable;
Deadline: May 1.
Who Is Eligible?
Majors/Fields of Study: Health Sciences
Residency: New Mexico
Other Comments: The purpose of the Health Professional Loan Repayment Program is to provide for repayment of outstanding student loans of practicing health professionals. This loan is available to members of the health professions willing to practice in under-served areas of New Mexico. Loans are repaid through service.
Contact: Please visit the website below to download an application for this program. You may also call the New Mexico Commission on Higher Education’s Student Helpline 1-800-279-9777 to obtain an application.
Website:
Program info

New Mexico Scholars Program

Amount: Tuition and fees;
Awards per Year: Varies;
The Award Is: Based on financial need.
Who Is Eligible?
Award Is Open To: HS Seniors, All Undergrads
Majors/Fields of Study: All Majors
Citizenship: United States
Residency: New Mexico
Student Attends School In: New Mexico
Other Comments: Applicant must be under the age of 22 and enrolled full time. Students should complete the FAFSA form. Please visit the website listed for more information.
Contact: Contact the Financial Aid Office of any New Mexico public or selected private non-profit post secondary institution.
Website:
Program info

Student Choice Grants

Amount: Varies;
Awards per Year: Varies;
The Award Is: Based on financial need.
Who Is Eligible?
Award Is Open To: HS Seniors, All Undergrads
Majors/Fields of Study: All Majors
Citizenship: United States
Residency: New Mexico
Student Attends School In: New Mexico
Other Comments: Grants are available to attend a private college in the state of New Mexico. Applicant must be under the age of 22. Students should complete the FAFSA form.
Contact: Contact the Financial Aid Office of any public or private non-profit post secondary institution in New Mexico.
Website: Program info

Student Incentive Grant

Amount: $200 to $2,500 per year;
Awards per Year: Varies;
The Award Is: Based on financial need.
Who Is Eligible?
Award Is Open To: All Undergrads
Majors/Fields of Study: All Majors
Citizenship: United States
Residency: New Mexico
Student Attends School In: New Mexico
Other Comments: Applicants must be enrolled to study at least half time. Students should complete the FAFSA form.
Contact: Contact the Financial Aid Office of any public or private non-profit post secondary institution in New Mexico.
Website:
Program info

Three Percent Scholars Program

Amount: Tuition and fees;
Awards per Year: Varies;
The Award Is: Based on financial need.
Who Is Eligible?
Award Is Open To: HS Seniors, All Undergrads
Majors/Fields of Study: All Majors
Residency: New Mexico
Student Attends School In: New Mexico
Other Comments: Scholarships are open to New Mexico residents who are under 22 years old, graduates of New Mexico high schools, and enrolled full time at an institution in New Mexico. Eligibility varies from each post secondary institution.
Contact: Contact the Financial Aid Office of any public post secondary institution in New Mexico.

Nursing Student Loan-for-Service

Amount: Up to $12,000;
Awards per Year: Varies;
The Award Is: Renewable.
Deadline: July 1
Who Is Eligible?
Award Is Open To: HS Seniors, All Undergrads, College Graduate Students
Majors/Fields of Study: Nursing
Residency: New Mexico
Other Comments: Students accepted by or enrolled in a program of nursing at an accredited New Mexico public post-secondary educational institution must declare their intent to practice as a nurse in a designated health professional shortage area in New Mexico upon graduation.
Contact: Visit the website below to download an application or call the Commission at the CHE Student Helpline: 1-800-279-9777 for an application.
Website:
Program info

Osteopathic Medical Student Loan

Amount: Up to $12,000;
Awards per Year: Varies;
The Award Is: Based on financial need and renewable.
Who Is Eligible?
Majors/Fields of Study: Medicine, Osteopathy
Citizenship: United States
Residency: New Mexico
Other Comments: Recipients of loan must be accepted into an accredited osteopathic doctorate program, and declare their intention to establish a full-time practice in New Mexico. Loans are based on financial need and may be repaid through services rendered.
Contact: Visit the website below to download an application or call the Commission at the CHE Student Helpline: 1-800-279-9777 for an application.

Southeastern New Mexico Teachers Loan for Service Program

Amount: Up to $4,000;
Awards per Year: Varies;
The Award Is: Renewable;
Deadline: July 1.
Who Is Eligible?
Majors/Fields of Study: Education
Ethnicity/Heritage: All Minorities
Disabilities: Physically Challenged
Residency: Chaves, Eddy, Lea, Otero, and Roosevelt Counties, NM
Student Attends School In: New Mexico
Other Comments: This loan is available to members of under-represented minority or physically challenged persons who intend to enroll in a K-12 teacher education program. Recipients must repay the loan in the form of service to a under-served area in New Mexico. Students should complete the FAFSA form.
Contact: Please call 1-800-279-9777 to obtain an application.
Website:
Program info

Minority Doctoral Assistance

Amount: Varies;
Awards per Year: Varies;
Who Is Eligible?
Award Is Open To: College Doctoral Students
Majors/Fields of Study: All Majors
Ethnicity/Heritage: All Minorities
Citizenship: United States
Residency: New Mexico
Other Comments: Applicants must have completed the requirements for a baccalaureate or master’s degree at a four-year public institution in New Mexico and have gained acceptance as a full-time doctorate student in an out-of-state institution.
Contact: Applications are available from the Graduate Deans offices of New Mexico four-year public post secondary institutions
Website:
Program info


New Mexico Veterans Service Commission

Vietnam Veteran’s Scholarship

Amount: Tuition and fees;
Awards per Year: Varies.
Who Is Eligible?
Award Is Open To: College Doctoral Students and Foreign Students
Majors/Fields of Study: All Majors
Residency: New Mexico
Military Service:
Person serving: Student.
Other Descriptors: Veteran.
Other Comments: Qualified applicants must be certified by the New Mexico Veteran’s Service as being eligible for this scholarship. Scholarships are awarded on a first come, first served basis.
Contact: Contact the New Mexico Veterans’ Service Commission at 1-505-827-6300 or the Financial Aid Office at any New Mexico public or eligible private non-profit post secondary institution.
Website:
Program info

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