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About New Mexico Student Loans
The NMEAF and NMSLGC DBA New Mexico Student Loans is a private, nonprofit corporation created by the New Mexico State Legislature in 1981. To fulfill our commitment to the future of education in New Mexico, we work with educational and lending institutions, state and federal government agencies, and individuals interested in education in the state. We also abide by the Open Meetings Act.
At NM Student Loans, our mission is to provide programs and services that promote the broadest possible access to higher education for the greatest number of people in New Mexico. We are one of the most active lenders and guarantors in the state, providing various types of educational loans for students and parents. We are committed to providing students, New Mexico families, post-secondary education institutions and financial institutions with the highest quality customer service through innovation, creative planning and information technology.
NM Student Loans supports the statewide participation of other lenders in the Federal Family Education Loan Program (FFELP) by providing a secondary market for the sale of student loans. This allows students to borrow from a local lender and when their student loans go into repayment, have them sold to NM Student Loans. The NM Student Loans borrower benefits offers students several different ways to reduce the cost of their student loans.
New Mexico Student Loans reserves the right to modify or discontinue programs/benefits at any time. Some restrictions may apply