FAFSA Information :: UNM Financial Aid Office (2024)

Timeline for FAFSA

Dec 31, 2023 - The 2024-2025 FAFSA becomes available

Mar 1, 2024 - FAFSA completion priority date

April 2024 - Awards published for coming school year

June 1, 2024 - Scholarship Acceptance Deadline

Steps to complete the FAFSA

  1. Get an FSAID
  • Student: An FSA ID is your account username and password. You need it to sign the FAFSA form online. If you don’t have an FSA ID, you can create an FSA ID online to complete federal student aid tasks. It takes about 10 minutes to create an FSA ID.
  • Parent: If you are the parent, you need to create your own FSA ID to sign your child’s FAFSA form online. Create an FSA ID . As a parent, you’ll be able to use your FSA ID right away.

  1. Start the FAFSA form at studentaid.gov
  • If you are the student, select “I am a student and want to access the FAFSA form.” Then, log in using your FSA ID.
  • If you are the parent, select “I am a parent filling out a FAFSA form for a student.” After selecting the parent role, you will need to provide your child’s name, their date of birth, and their Social Security number.
  • Choose which FAFSA form you’d like to complete:
    • 2023–24 FAFSA form if you will be attending college between July 1, 2023, and June 30, 2024.
    • 2024–25 FAFSA form if you will be attending college between July 1, 2024, and June 30, 2025.
    • Both: If you will be attending college during both time periods and haven’t completed your 2023–24 FAFSA form yet, complete it first, wait one to three days until the form processes, and then go back and complete the 2023–24 FAFSA form.

  1. Fill out the FAFSA
  • Add student demographic information, if you’ve logged in before or completed a FAFSA before some of your information will auto populate
  • Add UNM’s school code 002663
  • Answer the dependency questions: you’ll need to respond to a series of specific questions that determine whether you need to provide parent information on the FAFSA form.

  1. Complete parent section, if dependent
  • Your parent(s) will need to provide basic demographic information. Remember, it doesn’t matter if you don’t live with your parent(s); you still must report information about them if you are a dependent student. Which parent do I use for my FAFSA?
  • Unable to provide parent information, you can indicate this on the FAFSA form and follow-up with our office if you have a special circ*mstance

  1. Add Financial information
  • For 2024-2025 FAFSA year you will use 2022 taxes.

  1. Sign and submit your FAFSA form
  • Use your FSA ID and password to sign the FAFSA, parents will also use their FSA ID to sign

UNM State Aid Application (paper FAFSA) process for Non-Citizens

 1. Submit UNM Application for State Aid (formerly paper FAFSA) process for non-citizens
 2. Answer "Yes" to Work Study if interested
Complete your File
 3. Submit all unsatisfied requirements to be eligible for priority funding
 4. Incomplete files will not be awarded
Review Rewards
 5. Review State Financial Aid award(s)
 6. If offered Work Study, you will need to accept the award to use it
 7. The Lottery Scholarship does not require a FAFSA, if you are deemed eligible you will be awarded automatically

Correcting Your FAFSA

Review your SAR (Student Aid Report), whichthe federal government sends you a link to access within a week of completing your FAFSA. Correct any errors online. The federal government will forward any changes you make to the University. Parents of dependent students will need to re-sign if any of their information was changed.

Instructions for Correcting Your FAFSA:

  1. If making corrections to other sections of the FAFSA, please go directly to that section.
  2. Go to the financial section for parents and/or students.

FAFSA Workshops and Helpful Hints and Links

  • UNM’s Priority deadline for filing the FAFSA is March 1, submitting after this date can exclude you from certain types of priority aid. You must also submit any required additional documentation by March 1 in order to be considered for priority aid. You can still submit a 2023-24 FAFSA up until June 30, 2024.
  • If your taxes have not been completed by the time you file your FAFSA, estimate the figures for your FAFSA or use last year’s tax return to complete the FAFSA.
  • Do not include decimals in the information you provide. If your wages are $45,503.56, enter $45,504.It is important that your name is entered exactly as it appears on your Social Security card. If information is not correct, it could create a delay in gettingyour financial aid.

Related Resources

Step-by-Step Guide Applying for Financial Aid at UNM

Types of Financial Aid

View and/or Modify your Awards on Loboweb

Financial Aid Disbursem*nt Information (Refunds)

Ways to pay UNM

Parent Resource Page

Here is a list of Quick links that may assist you:

FAFSA Information :: 
    
            UNM Financial Aid Office (2024)

FAQs

How do I contact the financial aid office at UNM? ›

Our website: http://finaid.unm.edu/ CALL US - Communications Center can be reached at 505-277-8900 or 1-800-CALLUNM. Our phone hours are: Monday through Friday 8:00 AM to 5:00 PM.

What is the FAFSA code for UNM? ›

Please note: UNM's FAFSA School Code 002663 is the same for all UNM Campuses.

What is the average financial aid package for UNM? ›

Average Grant Award: $5719

Altogether, this is mixed news - at University of New Mexico, MORE students get aid, but the ones who do get LESS than average. This may mean that it's easier for you to qualify for University of New Mexico financial aid, but the help you get will be lower than at other schools.

What is the FAFSA deadline for New Mexico? ›

UNM's Priority deadline for filing the FAFSA is March 1, submitting after this date can exclude you from certain types of priority aid. You must also submit any required additional documentation by March 1 in order to be considered for priority aid.

How do I communicate with fafsa? ›

  1. Nelnet. nelnet.studentaid.gov. 1-888-486-4722.
  2. Aidvantage. aidvantage.studentaid.gov. 1-800-722-1300.
  3. MOHELA. mohela.studentaid.gov. 1-888-866-4352.
  4. EdFinancial. edfinancial.studentaid.gov. 1-855-337-6884.
  5. MOHELA. mohela.studentaid.gov. 1-888-866-4352.
  6. CRI. cri.studentaid.gov. 888-355-4311.
  7. SPS. 1-800-433-3243.

How do I contact fafsa for help? ›

You can also check the status of your FAFSA form by contacting the Federal Student Aid Information Center at 1-800-433-3243. To check on the status of financial aid being disbursed (paid out) to you or your account, check with your school's financial aid office. Was this page helpful?

How much is UNM tuition? ›

Can you complete the FAFSA anytime? ›

If you miss the end-of-June federal deadline, you're no longer eligible to submit that year's FAFSA form. Did we mention you shouldn't miss the deadlines? As the saying goes, “the sooner the better.” So, turn in your FAFSA form as soon as possible.

How do you check your FAFSA money? ›

If you have an account username and password and your FAFSA information has been processed, you can log in at fafsa.gov to view SAR information regardless of the method (online or on a FAFSA PDF) you used to file a FAFSA form or whether you provided an email address or not.

What is the most fafsa pays? ›

Average and maximum financial aid
Type of AidAverage AmountMaximum Amount
Federal Supplemental Educational Opportunity Grant$670$4,000
Total Federal Student Aid$13,120 (dependent) $14,950 (independent)$19,845 to $21,845 (dependent) $23,845 to $32,345 (independent)
Total Federal Grants$4,980$10,345
3 more rows

How much salary is too much for financial aid? ›

There is no set income limit for eligibility to qualify for financial aid through. You'll need to fill out the FAFSA every year to see what you qualify for at your college. It's important to make sure you fill out the FAFSA as quickly as possible once it opens for the following school year.

How much of my tuition will financial aid cover? ›

Your school's financial aid office determines how much need-based aid you're eligible for by subtracting your expected family contribution from your cost of attendance. Need-based aid includes federal grants and Direct Subsidized Loans.

Is FAFSA first come first serve? ›

Over 17.6 million FAFSA forms are completed each year, according to the Department of Education. However, some of the available money is handed out on a first come, first serve basis. So, it's a good idea to file your application sooner than later to help pay for your education.

How long does FAFSA take to process? ›

If you submitted your 2023–24 FAFSA form online, we'll process your form within three to five days. If you submitted a paper FAFSA form, your form will be processed within 7 to 10 days.

What is pell grant in FAFSA? ›

The Pell Grant is the largest federal grant program offered to undergraduates and is designed to assist students from low-income households. A Federal Pell Grant, unlike a loan, does not have to be repaid, except under certain circ*mstances.

Who do we contact if we have problems with fafsa? ›

You may submit a complaint to the FSA Feedback Center or call 1-800-433-3243. If you think your school awarded aid to someone else in your name, learn about identity theft and how to report it to the U.S. Department of Education Office of Inspector General Hotline.

Who is the director of financial aid at UNM? ›

Elizabeth Jacquez-Amador - Director, Student Financial Aid - The University of New Mexico | LinkedIn.

How do I cancel my financial aid at UNM? ›

Log in with your netid and password to submit the completed online form. (If completing the pdf version of the 'Cancel Financial Aid Request' form you can fax the form to the Financial Aid Office at 505-277-6326 or scan and upload to our office.) Please include your UNM Banner ID with all communications.

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