Student Loans

Complete Your FAFSA

Before applying for a loan, you must complete the Free Application for Federal Student Aid (FAFSA).

Requirements

  • To receive a student loan, you must be enrolled in 6 credit hours. Congress also establishes loan limits that may be prorated depending on your student classification.
  • If you are a first time borrower, you will need to complete the Entrance Counseling and sign a Master Promissory Note.
  • If you qualify for a Subsidized Stafford Loan, you may borrow up to $3,500 per year as first-year student and $4,500 per year as second-year student.

Read the Loan Request Instructions (PDF) to find out how to access your student loan information in myCNM.

Student Loan Types

The Federal Subsidized and Unsubsidized Stafford Loans, Nursing Student Loans for Service and Federal PLUS loans all require separate applications.

Learn more about each type of student loans:

Policies and Rules