Perkins Loans

New Mexico Student Loans is proud to be the official loan servicer for the Perkins loan program for many New Mexico colleges and universities. A Perkins loan is a 5% simple-interest federal loan awarded to students who demonstrate exceptional financial need. Repayment of the Perkins loan begins nine months after you graduate or cease to be enrolled half-time. The minimum payment is $40 and the standard repayment period is 10 years.

Perkins Payment Options

Once your loans enter repayment, you will receive a billing statement. There are a variety of payment options available for your use to repay your Perkins Loans.

Make a one-time payment online at University Accounting Services
Automatic Payments Direct Debit: complete information at University Accounting Services
Phone: 1-844-247-7375 or 505-345-8821 Ext. 2102 8am - 5pm Monday - Friday (MT)

Send check or money order to:
University Accounting Service
P.O. Box 5865
Carol Stream, IL 60197-5865
Include your account number

In Person:
New Mexico Student Loans
7400 Tiburon NE
Albuquerque, NM 87109
Customer service representative hours 8am - 5pm Monday – Friday

Perkins Loan Options

Find out if you qualify to postpone, reduce or cancel your Perkins Loan Payments:


Perkins Student Loan Forms

Download, complete and return the following forms for Perkins loans:

For Perkins loan repayment help, please contact us:  
Phone: 1-844-247-7375 or 505-345-8821 Ext. 2102