Are there any grants or scholarships available to help with student loan repayment?

In New Mexico, there are several grants and scholarships that can help with student loan repayment. The New Mexico Financial Aid Partnership (NMFAP) provides grants to needy students for educational expenses, which can include loan repayment. The agency also provides scholarship opportunities for students attending college in New Mexico that can be used to help with loan repayment. Additionally, the state offers the Legislative Lottery Scholarship program, which covers a portion of tuition and select fees to students pursuing an associate’s degree or bachelor’s degree at eligible New Mexico institutions. This scholarship can be used to help with student loan repayment as well. In addition, the New Mexico Higher Education Department has a Student Loan Repayment Program, which provides loan repayment assistance to employees of the state or local governments and certain nonprofit organizations. This assistance is paid directly to the loan holder and can be used to help with student loan repayment. Lastly, the state also provides Teacher Loan Repayment assistance for teachers in certain subject areas and schools in New Mexico. This assistance provides loan repayment for up to $2500 per year for up to four years of service. In summary, there are several grants and scholarships available to help with student loan repayment in the state of New Mexico. These include the New Mexico Financial Aid Partnership, the Legislative Lottery Scholarship program, the Student Loan Repayment Program, and the Teacher Loan Repayment program. These programs can help students save money and make loan repayment more manageable.

Are there any grants or scholarships available to help with student loan repayment?

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