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A: Yes. Beginning the 2018-19 academic year, you can complete your FAFSA by January 4th to be considered for priority aid. Priority aid is awarded to eligible students on a first-come first-serve basis

Part or all of a grant, scholarship, or fellowship may be taxable even if you do not receive a W-2 form. If you are in a degree program, amounts you use for expenses other than tuition and course-related expenses (i.e., amounts used for room, board, and travel) are taxable. To determine this table amount, add up all grant, scholarship, and fellowship awards received in a calendar year, and then subtract all tuition, fees, and book and supply expenses. If the remaining amount is a positive number, it must be reported as income. If you are not in a degree program, the full amount of the grant, scholarship or fellowship is taxable. Contact the Internal Revenue Service for more information.

Yes. Any money received as the result of work is considered taxable income. You will be asked to file a withholding form (W-4) and you will receive a statement of income and taxes withheld (W-2) each calendar year. Questions regarding your withholding status should be directed to the University Payroll Offices at: 505.277.2353. You can also visit the .

Yes, your financial aid eligibility may change.

Student Financial Aid does not put a financial hold on your account. If you have a financial hold, it means you owe UNM more than $25.00, and the Business Office has placed a financial hold on your account. Contact the Business Office to pay amount due or for information on a financial hold. The telephone number is 505.863.7650.

• for federal financial aid programs.
• for state financial aid programs.

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