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In addition to grants, many students qualify for scholarship programs. While many scholarships are dependent upon financial need, most also do require the student to maintain good academic standing to renew the scholarship. Scholarships with high academic merit requirements will usually pay more to students than those available to all students. Please note that while many scholarships can be renewed each semester, if you fail to maintain the necessary GPA or other requirements you may not reapply.

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https://www.nmeaf.org/FAFSA-Scholarship

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Scholarships for New Mexicos Students

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Apply for $500 FAFSA Scholarship

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The following organizations have resources and lists to find and apply for scholarships and grants for New Mexico organizations, colleges and universities:

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Scholarship Resources

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How much is it and what does it cover? - The Lottery Scholarship only covers a portion of tuition. The scholarship amount varies each year and by each school.

When does it start? The scholarship starts the 2nd semester a student is enrolled. Many schools offer a “bridge” scholarship for students to cover tuition for the 1st semester.

What are the enrollment requirements? - Students must be a resident of NM, attend a public NM higher education institution, and enroll full time within 16 months of graduation.

How do I apply? - There is no application for the Lottery Scholarship. Contact your prospective school’s financial aid office for details.

How do I keep the Lottery Scholarship? - Students must maintain at least a 2.5 GPA and stay enrolled at least 12 credit hours for 2-year schools and 15 credit hours for 4-year schools.

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NM Lottery Scholarship

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Avoid Scholarship Scams

Top 5 red flags that the scholarship is a scam

#1 Application or Search Fees – Avoid scholarships that charge an application fee, the vast majority of scholarships do not cost money.

#2 Disbursement or Redemption Fees- Scholarships should not ask you to pay a fee before you receive the funds.

#3 Guaranteed Scholarships – Beware of scholarship matching services that guarantee you’ll win a scholarship and require a fee for the search.

#4 Credit Card or Bank Account Number – Never give out this information to apply for or hold the scholarship.

#5 Unclaimed scholarships – Very few actual scholarships go unclaimed and the majority of all financial aid comes from the federal government and colleges.

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Avoid Scholarship Scams

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Scholarships for New Mexicos Students

In addition to grants, many students qualify for scholarship programs. While many scholarships are dependent upon financial need, most also do require the student to maintain good academic standing to renew the scholarship. Scholarships with high academic merit requirements will usually pay more to students than those available to all students. Please note that while many scholarships can be renewed each semester, if you fail to maintain the necessary GPA or other requirements you may not reapply.
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Scholarship Resources

The following organizations have resources and lists to find and apply for scholarships and grants for New Mexico organizations, colleges and universities:
NM Lottery Scholarship
How much is it and what does it cover? - The Lottery Scholarship only covers a portion of tuition. The scholarship amount varies each year and by each school.

When does it start? The scholarship starts the 2nd semester a student is enrolled. Many schools offer a “bridge” scholarship for students to cover tuition for the 1st semester.

What are the enrollment requirements? - Students must be a resident of NM, attend a public NM higher education institution, and enroll full time within 16 months of graduation.

How do I apply? - There is no application for the Lottery Scholarship. Contact your prospective school’s financial aid office for details.

How do I keep the Lottery Scholarship? - Students must maintain at least a 2.5 GPA and stay enrolled at least 12 credit hours for 2-year schools and 15 credit hours for 4-year schools.
Avoid Scholarship Scams

Avoid Scholarship Scams

Top 5 red flags that the scholarship is a scam

#1 Application or Search Fees – Avoid scholarships that charge an application fee, the vast majority of scholarships do not cost money.

#2 Disbursement or Redemption Fees- Scholarships should not ask you to pay a fee before you receive the funds.

#3 Guaranteed Scholarships – Beware of scholarship matching services that guarantee you’ll win a scholarship and require a fee for the search.

#4 Credit Card or Bank Account Number – Never give out this information to apply for or hold the scholarship.

#5 Unclaimed scholarships – Very few actual scholarships go unclaimed and the majority of all financial aid comes from the federal government and colleges.
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