New Mexico Student Loans is one of the leading guarantor and lender of educational loans in the state of New Mexico. It offers a variety of lending products and services to students seeking postsecondary educational qualifications. New Mexico Student Loans also supports statewide participation of lenders in the Federal Family Education Loan Program by providing a secondary market for the sale of student loans. Its Web site provides an online calculator for computing monthly payments, repayment periods and savings from borrower benefits. The organization also provides online information on its lending interest rates. New Mexico Student Loans, a nonprofit organization, maintains an office in Albuquerque, N.M.