New Mexico Financial Aid: Grants & Scholarships

The New Mexico Higher Education department has developed several scholarships to help residents access aid for higher education. We’ve compiled a list of the most popular New Mexico financial aid options so you can apply and get awarded more towards your education. Keep reading for the information you need to access more financial aid.

First File Your FAFSA®

As always, the first step to any financial aid is filing your Free Application for Federal Student Aid (FAFSA®). Many colleges and universities use the FAFSA® to determine how much instituional and state-based aid you’ll recieve from them. To get the most money towards your education, ensure you file FREE with Frank today and you could be done in under 7 minutes.

Apply for New Mexico Financial Aid

Next up, you’ll want to file for any individual aid options that New Mexico offers. These could be private grants or scholarships that require their own application and eligibility. Keep reading to learn more about New Mexica State financial aid options.

New Mexico Scholars Scholarship

The New Mexico Scholars Scholarship encourages NM high school graduates to enroll in college full-time at a public or private non-profit postsecondary in NM before their 21st birthday in an undergraduate program.

Fire Fighters & Peace Officers Survivors Scholarship

A state scholarship that recognizes the importance of the duties performed by our fire fighters and peace officers who have lost their lives in the line of duty. The program provides survivors with an opportunity for a college education through a scholarship.

Grow Your Own Teachers

The “Grow Your Own Teachers Act” seeks to provide opportunities for educational assistants to pursue careers in teaching in New Mexico by providing scholarship opportunities for educational assistants who may want to attend a public post-secondary educational institution in New Mexico to earn a bachelor’s degree in education.

New Mexico Legislative Lottery Scholarship

The New Mexico Legislative Lottery Scholarship will pay a portion of tuition (up to an undergraduate degree) for students who meet the eligibility criteria listed below.

Student Incentive Grant Program

The New Mexico Student Incentive Grant is for resident undergraduate students with substantial financial need who are attending a New Mexico public college or university or tribal college.

College Affordability Grant

The College Affordability Grant is in place to encourage New Mexico Students with financial need, who do not qualify for other state grants and scholarships, to attend and complete educational programs at a New Mexico public college or university.

As you’re applying for additional grants and scholarships for New Mexica financial aid, be sure to read through the requirements and submit all your documentation. If you have any questions about the aid process, please reach out to your student financial aid office.