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University of New Mexico

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University of New Mexico Reviews (2)

This student did drop all of her courses within the refund period and received a credit for 100% of her tuition and fees. However, prior to dropping courses, this student received a large amount of financial aid. This aid paid off her charges due. In addition, she received a
sizeable refund for the difference between aid awarded and balance due. These funds were direct deposited into her bank account on record. Whenever a student drops out of school completely, UNM must return any unearned aid funds to the federal, state or local funding sources. As a result of this calculation, a portion of her aid was returned to the New Mexico and Federal Government on her behalf according to very specific legal policies. Because we had issued her a refund over and above her charges, she now owes UNM for the funds that were returned on her behalf. Monthly electronic statements are sent to current students and a paper statement is sent to the mailing address of record for non-students or students that have a balance due but are not attending UNM. The balance due on MsDay's account is valid
Thank you,
Marianne P***
UNM Bursar

This student did drop all of her courses within the refund period and received a credit for 100% of her tuition and fees. However, prior to dropping courses, this student received a large amount of financial aid. This aid paid off her charges due. In addition, she received a
sizeable refund for the difference between aid awarded and balance due. These funds were direct deposited into her bank account on record. Whenever a student drops out of school completely, UNM must return any unearned aid funds to the federal, state or local funding sources. As a result of this calculation, a portion of her aid was returned to the New Mexico and Federal Government on her behalf according to very specific legal policies. Because we had issued her a refund over and above her charges, she now owes UNM for the funds that were returned on her behalf. Monthly electronic statements are sent to current students and a paper statement is sent to the mailing address of record for non-students or students that have a balance due but are not attending UNM. The balance due on MsDay's account is valid
Thank you,
Marianne P***
UNM Bursar

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Address: PO Box 4895, Albuquerque, New Mexico, United States, 87196

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