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Loan Repayment/Forgiveness Programs Fact Sheet
    Loan Program/ New Mexico

Name of Program:

Nursing Loan for Service Program

Program Web site:

http://www.hed.state.nm.us/students/nursing_lfs.aspx

Designation (Fund Source):

State

Eligible Specialties:

Nurses

Service Requirements (formerly Service Stipulation):

The student shall declare his/her intent to practice as a health professional in a designated shortage area.

Who Can Apply:

New Mexico residents, be accepted into a Nursing program at a New Mexico public college or university.

Deadline(s):

The application opens every year on May 15th and closes on July 1st.

Repayment/Scholarship terms:

N/A

Amount of repayment per year of service:

The award may not exceed $12,000.00 per year.

How to Apply:

The application will be available on the web site starting May 15th and will be removed from the site on the closing date of July 1st.

Additional Information/Comments:

Award may be renewable for up to four years if application is submitted each year. If the entire service agreement is fulfilled, 100% of the loan is eligible for forgiveness.

Contact person(s):

Name, title:

Heather Romero,  Financial Aid Director

Agency name:

New Mexico Higher Education Department

Address:

2048 Galisteo Street,
Santa Fe, NM 87505-2100

Phone:

(800) 279-9777

FAX:

E-Mail:

fin.aid@state.nm.us

   

Name, title:

Mia  Candelaria, Financial Aid Program Coordinator

Agency name:

New Mexico Higher Education Department

Address:

2048 Galisteo Street,
Santa Fe, NM 87505-2100

Phone:

(800) 279-9777

FAX:

E-Mail:

fin.aid@state.nm.us

   
 

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