Revised 12/2013
Lawyers for New Mexico
Request for reduction of outstanding principal balance by 4.5% after receiving 33 on-time monthly
payments
Name _______________________________________________________
Social Security Number ________________________________________
Street Address _______________________________________________________________________________
City________________________________State______________________Zip___________________________
Home Phone ______________________Work Phone ______________________Date of Birth_______________
E-mail Address_____________________________________________________
Date graduated from UNM Law School____________________________________________________________
I certify that I am now and have been working full time as a practicing Lawyer from ________________ to_____________________
mm/dd/yy mm/dd/yy
at__________________________________________________________________________________________
Name of Employer (eig, firm, state or federal agency)
____________________________________________________________________________________________
Street Address
____________________________________________________________________________________________
City State
I certify I have read and understand the conditions for eligibility on the reverse side of this request and will meet
all the qualifications for the 4.5% principal reduction after 33 on-time monthly payments. I understand that I must
submit my request and certification yearly. I understand that New Mexico Student Loans reserves the right to
terminate this benefit program at any time.
________________________________________ __________________________________________________
Borrower’s Signature Today’s Date
Return form to:
New Mexico Student Loans (NMSL) – P.O. BOX 27020, Albuquerque, NM 87125-7020
Phone: 1-800-279-5063, ext. 1472 – Fax: 505-345-7269 – E-mail: staffordloans@nmstudentloans.org
Revised 12/2013
Lawyers for New Mexico
Request for reduction of outstanding principal balance by 4.5% after receiving 33 on-time monthly
payments.
Program Benefits
Once a borrower’s certification form is approved, his/her existing account with NMSL will be under consideration for
the future benefit. New Mexico Student Loans reserves the right to terminate this incentive program at any time.
Eligible Loans
Stafford loans guaranteed between January 1, 2005 and July 1, 2009 by the New Mexico Student Loan
Guarantee Corporation and owned by New Mexico Student Loans.
Grad PLUS Loans Disbursed on or before June 30, 2009.
Consolidation loans guaranteed by the New Mexico Student Loan Guarantee Corporation and owned by
New Mexico Student Loans.
Program Eligibility Requirements
1. Borrowers must have graduated from UNM Law School and be working as a full-time practicing Lawyer
either in New Mexico or out of state and providing legal services in a public or private capacity.
2. Borrowers must file a certification form with NMSL annually.
3.
The minimum monthly loan payment is $50.00. Eligible applicants must select the standard repayment
period for this program.
4. Loan(s) for which eligible applicant is seeking the benefit can not be delinquent or in default. All
delinquent or defaulted loans must be brought to current status before borrower may apply for this
program. Deferments or forbearances can not be used as a means to bring delinquent or defaulted loans
current.
5. Borrowers who choose to consolidate with another lender/broker or Direct Lending will lose future
program benefits.
6. Benefits are not retroactive.
7. Parent Plus loans are not eligible for this program.
8.
9.
Loans that receive Lawyers for NM, can not also receive the Pot of Gold principal reduction.
If your loan becomes 90 days delinquent, it will be permantly removed from the program.