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Grants and scholarships are often called “gift aid” because they are free money—financial aid that doesn’t have to be repaid. Grants are often need-based while scholarships are usually merit-based.

State Grants

College Affordability

Must be a New Mexico resident, complete the FAFSA, and demonstrate unmet financial need. Students must be a degree-seeking undergraduate and enrolled at least half-time. Cannot be receiving other state grants, must graduate with a high school diploma or GED, and must be meeting Satisfactory Academic Progress. Funding Limited.


A combination of federal and state grant awarded to undergraduate students to help with educational costs. To be eligible for LEAP, you must be a New Mexico resident with demonstrated exceptional need. Funding Limited.

Federal Grants

Pell Grant

The Federal Pell Grant is a Federal Grant awarded only to undergraduate students. The award amount is determined by enrollment and the expected family contribution as indicated on the Student Aid Report and is dependent on the estimated cost of attendance at NMSU.

SEOG Grant

Federal Supplemental Educational Opportunity Grant (FSEOG): is a Federal Grant awarded to undergraduate students with exceptional financial need. Must have a zero Expected Family Contribution. Funding limited.


A TEACH Grant can help you pay for college if you plan to become a teacher in a high-need field in a low-income area. You’ll be required to teach for a certain length of time, so make sure you understand your obligation. 

The TEACH Grant is different from other federal student grants because it requires you to take certain kinds of classes in order to get the grant, and then do a certain kind of job to keep the grant from turning into a loan.

  • Undergraduate and Graduate students
  • Provides grants up to $2,000 per semester and up to $4,000 per year
  • Undergraduate students may not receive more than $16,000
  • Graduate students may receive no more than $8000
  • Students enrolled less than full-time will have their TEACH Grant prorated based on enrollment hours
  • TEACH Grant’s cannot exceed student’s cost of attendance

Student Eligibility Requirements

Meet one of the following academic achievement requirements

  • Score above the 75th percentile on a college admissions test (e.g. SAT, or ACT) or
  • Have a cumulative GPA of at least 3.25 (on a 4.0 scale) on your college coursework to receive a grant for each subsequent term.
  • Complete the TEACH GRANT Entrance Counseling session.
  • Complete TEACH Grant annual counseling and exit counseling as required.
  • Sign a TEACH Grant Agreement to Serve and Promise to Pay and respond to requests by the U.S. Department of Education confirming your continuing intention to meet the teaching obligation.

Eligible Programs of Study

  • Elementary Education/Bilingual Education
  • Elementary Education/Teaching English-Second-Language
  • Early Childhood Education/Bilingual Education
  • Special Education
  • Special Education/Elementary Ed
  • Special Education/Secondary Education
  • Secondary Education/Secondary Math
  • Secondary Education/Secondary General Science
  • Secondary Education/Secondary German
  • Secondary Education/Secondary Spanish
  • Secondary Education/Secondary French
  • Education/Science
  • Education/Math
  • Education/Bilingual Multicultural Special Education
  • Education/Early Childhood Special Education
  • Education/Special Education/Deaf-Hard of Hearing
  • Education/Reading
  • Reading

After Leaving School Students Must

  • Sign a TEACH Grant Agreement to Serve
  • Teach in a high-need field
  • Teach at an elementary school, secondary school, or educational service agency that serves students from low-income families
  • Teach for at least four complete academic years within eight years after completing (or ceasing enrollment in) the course of study for which you received the grant

High-Need Subject Areas

  • Early Childhood with Bilingual/TESOL Endorsement
  • Foreign Language
  • Mathematics
  • Reading Specialist
  • Science
  • Special Education
  • Other teacher shortage areas listed in the Department of Education’s Teacher Shortage Area Nationwide Listing.

Other Important Information

TEACH Grant Frequently Asked Questions
What You Need to Know Before You Get a TEACH Grant
TEACH Grant Agreement to Serve Web User Guide
Sign the TEACH Grant Agreement to Serve
TEACH Grant Exit Counseling

IMPORTANT: If you do not complete your service obligation, all TEACH Grant funds you received will be converted to a Direct Unsubsidized Loan. You must then repay this loan to the U.S. Department of Education, with interest charged from the date the TEACH Grant was disbursed (paid to you or on your behalf).