The invention discloses a preparation method of a sintered neodymium iron boron magnet free of heavy rare earth. The preparation method comprises the following steps of (a), configuring neodymium ironboron alloy and preparing a quick hardening sheet; (b), performing hydrogen demolish treatment on the quick hardening sheet to obtain rough powder; (c), adding a reagent to the rough powder, next performing grinding until the average grain diameter SMD is equal to 3.0-4.0[mu]m; (d), adding a reagent to the grinded powder, and performing re-grinding until the SMD is equal to 1.5-2.0[mu]m; (e), performing pressing and shaping in a magnetic field orientation condition, wherein the orientation magnetic field is 2.0-3.0T, and then carrying out an isostatic pressing mode to further enable the magnet to be sense; and (f), performing sintering on the green body obtained after isostatic pressing in a vacuum sintering furnace, performing cooling, and then carrying out first-stage aging tempering treatment and second-stage aging tempering treatment. According to the preparation method disclosed in the invention, in the air flow milling process, an additive is added and secondary grinding is performed, so that rough particles are reduced, and the mixed reagent can fully coat fine powder, powder oxidization is prevented, powder fluidity is improved, corrosion is eliminated, and powder consistency is improved.