Applying for Grants
Filling out the FAFSA is relatively easy as long as you’ve done your taxes; approximately 80% of the FAFSA paperwork just pulls numbers off federal tax forms. You may file the FAFSA electronically using FAFSA on the Web, which contains built-in edits to help prevent costly mistakes, at www.fafsa.gov .
The Federal Student Aid PIN was replaced with the FSA ID on May 10, 2015. The new FSA ID consists of a user-created username and password to electronically access personal information on Federal Student Aid Web sites, including FAFSA on the Web. You can use your FSA ID immediately to sign your FAFSA, but must wait for the Social Security Administration (SSA) to verify your information before you can use the FSA ID to create a renewal FAFSA, make corrections to your FAFSA, or view your SAR.
If you have questions on the FAFSA, there's plenty of help available. Ask your school's financial aid administrators or visit StudentAid.gov .
Federal Pell Grant
A Federal Pell Grant, unlike a loan, does not have to be repaid. Federal Pell Grants usually are awarded only to undergraduate students who have not earned a bachelor’s or a professional degree.
UNM Federal School Code: 002663
Federal Supplemental Educational Opportunity Grant (FSEOG)
A Federal Supplemental Educational Opportunity Grant (FSEOG) is a grant for undergraduate students with exceptional financial need. To get an FSEOG, you must fill out the FAFSA so the college can determine how much financial need you have. Students who receive a Pell Grant and have the most financial need will receive FSEOG first. The FSEOG does not need to be repaid. Complete your FAFSA by January 6 to be considered for priority aid. Priority aid is awarded to eligible students on a first-come first-serve basis.
State Student Incentive Grant (SSIG)
NM Student Incentive Grant is for resident undergraduate students with substantial financial need who are attending public and private non-profit institutions in New Mexico.
Duration: Grant is for a period of one year and may be renewed on an annual basis or until the student graduates with a bachelor’s degree from an eligible institution.
Eligibility: NM Resident, Enrolled at least half time as an undergraduate student, Demonstrate financial need as determined by college or university, and has completed a HS diploma or GED. Complete your FAFSA by January 6 to be considered for priority aid. Priority aid is awarded to eligible students on a first-come first-serve basis
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.
Duration: The grant is for a period of one year and may be renewed on an annual basis or until the student graduates with a bachelor’s degree from an eligible institution.
Eligibility: NM Resident, Enrolled at least half time, Demonstrate financial need and Has completed a HS Diploma or GED.