New Mexico College Financial Aid

New Mexico Resources

Scholarships

Grants

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529 Plans

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Scholarships


State Grants


What other Grants are available?


State Loans


How to Evaluate a Loan?

What other loans are available?


529 Plans

The state of New Mexico offers three flexible investing options to assist families in planning for the future education of a child or loved one.

1) CollegeSense

The CollegeSense 529 Higher Education Savings Plan is a 529 college savings program that allows you to save for future qualified higher education expenses on a tax-advantaged basis.

Sponsored by the State of New Mexico, CollegeSense offers you unique tax advantages, control over your savings, professionally managed investment options, and a host of other benefits. Proceeds from the plan can be used to help pay expenses at any accredited college, university, professional or technical school.

Program type: Savings

How to enroll: Enroll directly with the program.

State residency requirements: None

Benefits - Tax Exemptions: Yes

Benefits - Tax Deductions: Yes

Benefits - Matching Grant: No

Phone: 1-866-529-7367

Website: www.collegesense.com

2) Scholar'sEdge

Scholar'sEdge, a 529 college savings plan sponsored by the State of New Mexico, provides you with a flexible way to save for a child's college tuition.

Managed by trusted industry leader OppenheimerFunds, Scholar'sEdge offers a wide array of investment options and high investment maximums. Get the most out of your hard-earned dollars-the tax-advantaged way!

Program type: Savings

How to enroll: Enroll directly with the program.

State residency requirements: None

Benefits - Tax Exemptions: Yes

Benefits - Tax Deductions: No

Benefits - Matching Grant: No

Phone: 866-529-7283

Website: www.scholarsedge529.com

3) The Education Plan

The Education Plan, New Mexico's 529 college savings plan, offers a flexible and tax-advantaged way to save for a child's college tuition.

Program type: Savings

How to enroll: Enroll directly with the program.

State residency requirements: None

Benefits - Tax Exemptions: Yes

Benefits - Tax Deductions: Yes

Benefits - Matching Grant: No

Phone: 1-877-337-5268

Website: www.theeducationplan.co


What is a 529 plan?

What are some other college savings options?


Other State Resources