Financial Aid

AISS strives to educate and collaboratively work with students to plan & prepare for the financial obligations associated with pursing a degree at UNM. AISS Financial Aid Advisors are able to review, discuss, and interpret student financial aid files and opportunities.

AISS is here to help!! Call us at 505-277-6343 or email at aiss@unm.edu. All questions welcome!


FAFSA Facts

Complete your application online at http://www.fafsa.ed.gov.

  • Students are HIGHLY encouraged to complete the Free Application for Federal Student Aid (FAFSA). 
  • Submitting your FAFSA determines eligibility to receive FREE Federal and State financial aid.
  • The FAFSA opens every year on October 1st. 
  • To obtain optimal consideration for financial aid, submit your FAFSA by the UNM Priority Date. Go to https://finaid.unm.edu/apply/fafsapply/index.html to see this year's Priority Date.
  • Financial Aid consists of grants, work study, and student loans.
  • Tribal scholarships typically request a Financial Needs Analysis (FNA) as part of their scholarship application process. A complete FAFSA AND complete Financial Aid File are required to process a Financial Needs Analysis

For additional questions, contact the UNM Financial Aid Office at 505.277.8900. 

Types of Financial Aid

Grants – Federal and/or State funding that does not need to be repaid.

Work-Study – Federal or State funding you earn via Student Employment or a Work-Study position. Open student positions can be found at http://unmjobs.unm.edu. Search the “Student Jobs” section.

Loans – Student loans offered to students. Repayment is required six (6) months after a student graduates or leaves school. These loans offer favorable interest rates when compared to private lenders. Responsibility of interest varies – meet with an AISS Financial Aid Advisor to discuss options.

To decline loan offers, contact the Student Financial Aid Office by calling 505-277-8900 or via http://finaid.unm.edu. Loans can impact a student’s unmet need. If necessary, a student can apply for student loans throughout the school year. Contact an AISS Financial Aid Advisor to discuss options, impact on unmet need, and to discuss possible alternatives.

Follow-Up / Completing Your Financial Aid File

  1. Check the status of your Financial Aid File online via LoboWeb
    • Go to http://my.unm.edu and login using your UNM NetID and password
    • Click "Enter LoboWeb"
    • Click the "Financial Aid" tab
    • Click "Eligibility Requirements"
    • Select the appropriate Aid Year (ex. 2020-2021)
    • View any unsatisfied or missing requirements
  2. If you have unsatisfied or missing documents, submit to the UNM Financial Aid Office online by going to http://finaid.unm.edu/forms/index.html
  3. Confirm with the UNM Financial Aid Office that your Financial Aid Package is complete.

**If awaiting the processing of a Financial Needs Analysis (FNA), feel free to inquire about the expected date of completion**

Financial Needs Analysis (FNA)

What is a Financial Needs Analysis (FNA)?

  • A special form requested by a tribal scholarship organization that provides details of a student’s current financial aid status, awards, and unmet need.
  • The form must be processed by the UNM Financial Aid Office.
  • The following must be met for an FNA to be processed:
    1. Must have submitted a complete FAFSA for the academic year requested
    2. Must have a complete Financial Aid File for the academic year requested
    3. Must be making Satisfactory Academic Progress

To Request a Financial Needs Analysis (FNA):

  1. Go to http://finaid.unm.edu
  2. Click on "Forms"
  3. Select "2019-2020 Forms" or appropriate aid year
  4. Scroll to the Request and Agreements section and click on "Financial Needs Analysis - ONLINE"
  5. Log in with your UNM NetID and password
  6. Fill out the form with the scholarship organization's information
  7. Sign, and submit.

To request a Financial Needs Analysis (FNA) using a scholarship organization's original FNA form:

  • Submit your scholarship organization's form online by going to http://finaid.unm.edu/forms/index.html
  • Scroll to the Send Your Documents section
  • Read instructions carefully
  • Click "Send Financial-Aid Forms"
  • Log in with your UNM NetID and password
  • Click "Send Documents"
  • Fill out the form, select academic year, campus, and check "Other"
  • Attach your document
  • Sign, and submit.

Check the status of your Financial Aid File online via LoboWeb

  •  Go to https://my.unm.edu and login using your UNM NetID and password
    1.   Click "Enter LoboWeb"
    2.  Click the "Financial Aid" tab
    3.  Click "Eligibility Requirements"
    4.  Select the appropriate Aid Year (ex. 2020-2021)
    5. View any unsatisfied or missing requirements
  • If you have unsatisfied or missing documents, submit to the UNM Financial Aid Office online by going to http://finaid.unm.edu/forms/index.html
  • Confirm with the UNM Financial Aid Office that your Financial Aid Package is complete.

    **If a student's financial aid file is incomplete, a Financial Needs Analysis (FNA) will not be processed**
Apply for Scholarships

AISS regularly updates three scholarship listings – UNM, Private, and Tribal. Check regularly for updates, listings, and additions!

  • UNM – Opportunities specific to UNM, funded by various university sources
  • Private – Opportunities available to students through private-owned companies, donors, institutions, etc. Includes opportunities that are both native-focused and open to all students
  • Tribal – Information for enrolled members of New Mexico tribes. Enrolled members of tribes outside of New Mexico should contact their tribes directly for information regarding available resources

TIPS!!

  1. Be aware of scholarship deadlines! Some scholarships have multiple deadlines.
  2. If a letter of recommendation is required, contact any potential recommenders at least 3-4 weeks in advance of the letter being due. This provides ample time to the recommender to prepare and write a quality letter.
  3. Need a Financial Needs Analysis (FNA)? Check the step-by-step guide.
  4. Keep a copy of your Certificate of Indian Blood OR Proof of Tribal Enrollment available – some scholarship organizations may require a copy.
  5. Address any holds that might prevent obtaining an Official Transcript. To view holds: go to the Registration Portal by logging into LoboWeb.
  6. Don’t limit yourself! Apply for as many scholarships as possible. Check out other recommended websites to search:
  7. Maintain competitive grades! Scholarship organizations may utilize Satisfactory Academic Progress as one of the requirements to maintain scholarship funding.