New Mexico Scholars Program
See Description For Amount
- Scholarship Description
Several state Grants and Scholarships are available to New Mexico residents to help pay for college. Unlike loans, grants and scholarships do not need to be repaid. However there are conditions for eligibility such as established need, a minimum GPA or required number of completed credit hours per semester. Each scholarship is for a period of one academic year. The scholarship may be renewed annually until the award recipient has received four annual scholarship awards or until the student graduates from a four-year institution, whichever is earlier.
The New Mexico Scholars Scholarship encourages NM high school graduates to enroll in college full-time at a public or private non-profit postsecondary in NM before their 21st birthday in an undergraduate program. Eligible applicants must: be enrolled full-time as an undergraduate; have an ACT score of 25 or an SAT of 1140; and have a combined family income of no more than $60,000.