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Contact Us:

UNM Financial Aid
Scholarships
MSC11 6315
1 University of New Mexico,
Albuquerque, NM 87131

Toll Free: 1-800-CALLUNM
Phone No: (505)-277-8900
Fax No: 505-277-6326

Apply for Financial Aid


Every student should complete this application, regardless of her or his family's financial status. FAFSA information determines the amount each student is eligible to receive from a broad range of financial aid, including federal and state grants, federally-subsidized student work-study, and/or loans. Even if FAFSA results do not demonstrate financial need, everybody initially qualifies for some form of financial aid .

Add our School Code (002663)

Adding UNM’s school code (002663) will ensure your FAFSA will be sent to UNM’s Financial Aid Office automatically. You will add the school code when completing the FAFSA initially. For instructions on how to add a school code to an already processed FAFSA, click here.

Priority Deadline every year is March 1

Meeting the March 1 priority deadline means that you will be considered for certain Grants and Work-study funds that are limited.

If you do not meet the March 1 priority deadline you should still submit your FAFSA as soon as possible to be considered for the Federal Pell Grant and Student Loans.

Step 2. Submit any required Additional Documentation by March 20


The March 20th Additional Documentation Deadline is when we ask that you submit any of the additional documentation being requested of you. You can check your Financial Aid file on Loboweb to see what is requested of you. You can submit documentation at any time during the year; the March 20th is the deadline to be considered for certain priority aid that is limited.

You will receive an email communication if any additional documentation is required. The email will be sent to your UNM email account (incoming freshmen will receive a duplicate email at the email address provided on their Admission Application to UNM). For more information on how to submit documents to the Financial Aid Office click here.

Verification - If your application is selected for a process called verification, you must submit all requested documentation so your application can be verified as accurate Many times verification requires a copy of your Federal Taxes and W2’s as well as other income documentation. If you are dependent you will need to provide income documentation for both yourself and your parent. Your financial aid file is deemed incomplete until all required documentation has been satisfied.

Other examples of requested documentation: You may be asked to  document  your  citizenship statusSelective Service registration, dependency status,  transcripts from previous schools, or other information

Corrections to your FAFSA: In general, changes to income are not allowable as the FAFSA is considered a snapshot of the student’s ability to pay (the most recent tax year). However, certain changes in status and household situation require that students update their FAFSA. For a list of necessary and allowable updates to the FAFSA click here.

Step 3. Review and Modify your Financial Aid Awards.


Initial Awarding begins in April for the upcoming fall semester and continues throughout the year as students complete their financial aid files.

Financial Aid awarding only occurs for those students with a complete financial aid file. Students who have met eligibility requirements and have submitted all required Additional Documentation can review awards and modify certain awards on LoboWeb under the Financial Aid Tab.

Notification of Financial Aid awards are done through email with instructions on how to use LoboWeb to access your financial aid information. If you have not received an email indicating you have been awarded, and it is past April, you should check that your Financial Aid File is complete and nothing else is required of you.  Initial notification of awards for incoming freshmen will be done through a one-time mailed award letter. After initial awarding, incoming freshmen will be required to use our LoboWeb self-service.

Notify Financial Aid of any outside Awards you may be receiving.

What is “Financial Need”?

Step 4. Prepare for Disbursement


Financial Aid Disbursement is the process of Financial Aid releasing your funds to the Bursar’s Office so that your bill at the University will be paid. In order for Disbursement of funds to occur students have to have a complete financial aid file, be meeting eligibility requirements, and be enrolled for the correct number of credit hours. If you plan to be less than full-time you will need to inform the Financial Aid Office.

If you are meeting the three requirements (correct enrollment, complete financial aid file and making Satisfactory Academic Progress) your aid will begin to disburse to your student account on the first day of classes. If you have more Financial Aid funds than you owe to UNM, you will receive a refund of the excess financial aid funds. Funds remaining after paying debts owed to the University are paid directly to you by either direct deposit to your bank account or by mailing a check to your address on file with UNM. UNM strongly encourages you to establish direct deposit.

Tips and guides for completing the FAFSA

  1. Watch the Five-Minute FAFSA Video for a quick introduction to the FAFSA.
  2. Getting Started Undergraduate, Freshmen Guide and Basic Freshmen Info
  3. Financial Aid Transfer Guide and Transfer Financial Aid Checklist
  4. Tips for completing a FAFSA  and FAFSA eligibility