Financial Aid
Northern New Mexico College (NNMC) Financial Aid Office provides assistance for students who, without such aid, would be unable to attend Northern. It is the intention of the College to help as many students as possible by providing assistance in the form of grants, scholarships, loans and/or student employment.
To receive financial aid at Northern you must:
-
Be accepted for admission at Northern
-
Complete a Free Application for Federal Student Aid (FAFSA)
-
Have a demonstrated financial need.
-
Maintain Satisfactory Academic Progress (SAP) as determined by NNMC's SAP policy.
Types of Financial Aid
-
Grants Federal Pell Grant, Federal Supplemental Opportunity Grant (FSEOG) , and New Mexico Incentive Grant (NMSIG). (Based on need determined by FAFSA. Do not require repayment
-
Scholarships (Awarded based on various information and requirements. Do nor require repayment)
-
Workstudy (This aid requires the student to work a part-time job on campus)
-
Loans (You are required to repay loans based on the terms of the loan)
To help you finance your education, Northern New Mexico College can:
- Guide you through the application process for federal aid.
- Help you find part-time job through federal work-study programs on campus.
- Provide you forms that can be down loaded.
How to Apply for Financial Aid
- Complete the Free Application Federal Student Aid (FAFSA) after January 1, (the preferred deadline is March 1)
- Complete an Application for Admission by January 1 (if you are a new student to Northern or if you did not attend for one semester or more).
Questions ?
Northern New Mexico College Financial Aid Officers will be happy to answer any questions you might have
Please stop by and visit us at:
Location: Main floor in the Montoya's Administrative Building.
Hours: 8 a.m. - 5 p.m., Monday, Thursday and Friday.
8 a.m. - 6 p.m., Tuesday and Thursday
Open 12 p.m. - 1 p.m., Monday - Thursday.
or call us at:
Phone: 505-747-2128 FAX: 505-747-2121
or write us at:
Mailing Address: Financial Aid Office
Northern New Mexico College
921 Paseo de Onate
Espanola, New Mexico 87532
___________________________________________________________
- Financial Aid Staff
- What Is Financial Aid?
- Who Is Eligible?
- How Do I Apply?
- Helpful Hints
- Students Rights and Responsibilities
- Satisfactory Academic Progress Standards
- Cost of Attendance Budgets
- Return of Title IV Funds-Financial Aid Policy
- Tax Credits
- Resources (Useful Links)
- Frequently Asked Questions
Financial Aid Staff
Below you will find a list of staff available to help you with your questions or concerns regarding financial assistance for your college education both in general and at Northern New Mexico College.
Staff
Alfredo Montoya, Director
alfredo@nnmc.edu
Connie Manzanares, Assistant Director
connie@nnmc.edu
Viviane Medina,Financial Aid Officer/VA Certifying Officer
viviane@nnmc.edu
Jeanette Padilla, Financial Aid Officer
jeanette@nnmc.edu
Aid for Northern New Mexico College Students
Your education objectives should be the most important factors in choosing a college, but the cost of attendance may also be a major consideration for you and your family. Northern is committed to making financial aid available to all students with financial need so that cost does not become the determining factor in making a decision about Northern.
Student financial assistance programs are an internal part of any attempt to accomplish the main objectives, and mission of the College. Federal student aid is financial assistance through the U.S. Department of Education that's available if you're enrolled in an eligible program as a regular student at a school participating in Federal student aid programs.
Beware of scams and services that will search for financial aid money for you for a fee. A law protects you from this type of fraud (see page 15 of your 2006-07 Federal Student Aid Guide for more information). www.studentaid.ed.gov/pubs
Federal Pell Grants
Federal Pell Grants are the largest of the Federal Student Aid Programs. This program is the foundation of financial aid awards which are designed to aid in meeting the cost of post secondary education. The U.S. Department of education determines the student's expected family contribution from the application documents.
The amount of the grant is determined and scheduled by the U.S. Department of Education and is designed to cover only a portion of the educational cost incurred by the student. This grant does not have to be repaid. Awards range from $400 to $4,050.
Student Employment
The work-study program provides part-time on-campus employment to students with financial need. Work-study funds are awarded on a first-come, first-serve basis to students who are eligible.
Academic Competitiveness Grant
An Academic Competitiveness Grant will provide up to $750 for the first year of undergraduate study and $1,300 for the second year of undergraduate study to full-time students who are eligible for a Federal Pell Grant and who had successfully completed a rigorous high school program, as determined by the state of education agency and recognized by the Secretary of Education. Second year students must also have maintained a cumulative grade point average (GPA) of at least 3.0. The program will be available for the first time for the 2006-07 school year for first year students who graduated from high school after January 1, and for second year students who graduated from high school after January 1, 2005. The Academic Competitiveness Grant award is in addition to the student's Pell Grant award.
Smart Grant Program
NATIONAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALLENT GRANT OR NATIONAL SMART GRANT.
A National SMART Grant will provide up to $4,000 for each of the third and fourth years of undergraduate study to full-time students who are eligible for a Federal Pell Grant and who are majoring in physical, life compute sciences, mathematics, technology, or engineering or in a foreign language determined critical national security. The student must also have maintained a cumulative grade point average (GPA) of at least a 3.0 in coursework required for the major. The National SMART Grant award is in addition to the student's Pell Grant award.
Loans
Loans are usually offered at low interest rates that can be repaid over an extended period of time. www.nmstudentloans.org
Veterans Administration Education Benefits
The U.S. Department of Veterans Affairs (VA) offers benefits to eligible veterans, dependents, reservists, and service members while they are in an approved training program. www.gibill.va.gov
return to Index
How Do I Apply For Federal Student Aid?
Northern's Title IV Code is: 005286
To apply for financial aid through Northern New Mexico College you must file the Free Application for Federal Student Aid (FAFSA). www.fafsa.ed.gov The FAFSA is a no-cost need-analysis form, which provides information necessary for any federal and state financial aid award. You MUST include Northern New Mexico College on the application if you want the Financial Aid Office to receive the results electronically.
The Free Application for Federal Student Aid (FAFSA) is the form used by virtually all two and four-year colleges, universities and career schools for the awarding of federal student aid and most state and college aid. A FAFSA may be submitted either on line at www.fafsa.ed.gov or by completing the paper form.
Renewal Application - If you applied for federal financial aid in the previous academic year at any college, you will receive an e-mail from the Department of Education reminding you to fill out your renewal application on the web. If you do not receive a notice by January 31, or if you wish to file sooner, you can go to: www.fafsa.ed.gov.
If you are not a continuing student you should apply for admission to Northern New Mexico College simultaneously with completing the FAFSA because you need to be accepted for admissions before we can send your financial aid award letter.
You should complete the FAFSA even if you do not think you will qualify for federal grants. The information is needed to determine if you will qualify for any of Northerners' scholarships eg. Bridge/NM Lottery, grants, student loans and/or work-study.
It's important to file this form as early as possible so you can be considered for the maximum financial aid available. We recommend that you file the FAFSA as soon as you can after January 1.
When applying through the mail there is approximately a 4-6 week time period until the information is processed and forwarded to the college. If you apply on the web or electronically allow 1-2 weeks for processing. You will receive a Student Aid Report from the processor. Review the information, if everything is correct there is nothing else you need to do at this time. Northern's Financial Aid Office will receive you student aid report electronically and will start the processing of your aid. If corrections are needed, please advise us immediately and we will make the necessary corrections electronically.
When your FAFSA is processed, you could randomly be selected for verification by the federal processor. This process is a federal requirement of confirming data supplied by you and/or your parents. You will be notified by our Financial Aid Office if you need to submit additional documentation. These documents could include: signed copies of federal tax returns, a verification form, documentation of independent status, etc.
After your file is complete we will notify you of your financial assistance by sending you an award letter.
Return to Index
Student Rights and Responsibilities
The student has a right to know:
Which financial aid programs are available at Northern.
The deadlines for submitting applications for each of the programs available.
How financial need is determined, which includes the cost of tuition, room and board, books and supplies, personal, and miscellaneous expenses.
About the refund and repayment policies of Northern.
How the Financial Aid Office monitors Satisfactory Academic Progress (SAP) and the consequences of failing to maintain satisfactory academic progress.
The student has the responsibility to:
Keep a current address on file with the Admissions & Registration Office and the Financial Aid Office.
Complete all applications accurately and submit them on time to the right place.
Provide accurate information.
Submit all additional documentation, verification, corrections, and information requested by Northern New Mexico College.
Read, understand, and keep a copy of all forms.
Make satisfactory academic progress toward a degree or certificate.
Satisfactory Academic Progress Standard
The Higher Education Act of 1965, as amended, mandates institutions of higher education to establish policies to monitor the academic progress of students who apply for and/or receive federal financial aid. Northern New Mexico College (NNMC) makes its minimum standards applicable to all federal, state, and institutional financial aid programs for the purpose of maintaining a consistent policy for all financial aid applicants. though this policy establishes the minimum standards for all financial aid programs at Northern, an individual aid program may have unique qualitative and/or quantitative standards specific to the program as mandated by law or the program's governing entity (e.g., legislative 3% Scholarship and the Legislative Scholarship.
Minimum Standards of Satisfactory Academic Progress (SAP)
To retain eligibility, financial aid recipients must show satisfactory progress toward a degree or certificate base on the following qualitative and quantitative standards:
- Cumulative Grade Point Average (GPA)
- Maximum Time Frame for Degree/Certificate Completion
- Successful Credit Hour Completion Rate.
1. Cumulative Grade Point Average (GPA)
Students must meet the following cumulative GPA requirement to retain financial aid eligibility:
Undergraduate students (0-35 earned hours)......1.8 Cumulative GPA
Undergraduate student (36+ earned hours) ......2.0 cumulative GPA
2. Maximum Time Frame for Degree/Certificate Completion
Students will be limited to the following number of attempted hours to complete the degree or certification program.
Associates Degree................................................120 Cumulative hours
Bachelor's of Arts..................................................201 Cumulative hours
3. Successful Credit Hour Completion Rate
Each semester, a student's academic progress will be measured by comparing the number of
attempted credit hours with the credit hours earned (1.e., received a grade of A,B,C, or D). This
includes any course for which the student has remained enrolled past the add/drop period.
A student must earn 70 percent of credits attempted to maintain satisfactory academic progress.
The following are considered when evaluating a student's satisfactory academic program:
a. Withdrawal, incompletes, and failures are considered attempted but not earned hours.
b. Repeated courses are included in the calculation of both attempted and earned hours. A student is allowed to repeat a course only twice.
c. Audited courses are not allowed under financial aid
d. Remedial courses are not included in the calculation of both attempted and earned hours, (not to exceed 30 credit hours). Passing grades are calculated as a 2.5 grade point average for financial aid purposes.
e. Transfer credits, including those received during consortium study, do not count in the calculation of GPA, but they are included in the calculation of both atempted and earned hours.
f. A student is allowed to change majors but may not exceed the maximum time frame as noted in section 2 above.
4. Changing a Program of study and/or Pursuing Additional Degree.
Students are allowed to change their majors and/or pursue a second degree as long as they are within the maximum time frame allowed. Students enrolled in an Associates degree program are allowed a maximum of 120 credit hours to complete their degrees and students pursuing a Bachelors Degree have up to 201 credit hours.
A student who has completed their first degree and wishes to pursue a second degree is allowed to do so if they have eligibility left. A petition mus be submitted to the Financial Aid Office requesting approval.
Cost of Attendance Budgets
2007-2008
Contents
- New Mexico Resident
- Non-Resident
- Dependent Care Allowance
- Additional Supplement for Programs Requiring Kits/Supplies
- Transportation Allowance: Commuting Students
New Mexico Resident: Residing Off Campus
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1,916 | $958 | $479 | $2,395 |
| Personal Expenses | $2,264 | $1,132 | $566 | $2,830 |
| Room & Board | $6,178 | $3,089 | $1,545 | $7,723 |
| Tuition & Fees | $1,030 | $515 | $258 | $1,288 |
| Transportation | $2,178 | $1,089 | $545 | $2,723 |
New Mexico Resident: Residing with Parent(s)
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1,916 | $958 | $479 | $2,395 |
| Personal Expenses | $1,086 | $543 | $272 | $1,358 |
| Room & Board | $2,090 | $1,045 | $523 | $2,613 |
| Tuition & Fees | $1,030 | $515 | $258 | $1,288 |
| Transportation | $2,178 | $1,089 | $545 | $2,723 |
New Mexico Resident: Residing On-Campus
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1,916 | $958 | $479 | $2,395 |
| Personal Expenses | $2,264 | $1.132 | $566 | $2,830 |
| Room & Board | $5,430 | $2,716 | $1,358 | $6,788 |
| Tuition & Fees | $1,030 | $515 | $258 | $1,288 |
| Transportation | $2,178 | $1,089 | $545 | $2,723 |
New Mexico Resident: Lab Fees
| FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR | |
|---|---|---|---|---|
| Programs with Lab Fees | $80 | $40 | $20 | $100 |
Non-resident: Residing Off Campus
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1,916 | $958 | $479 | $2,395 |
| Personal Expenses | $2,264 | $1,132 | $566 | $2,830 |
| Room & Board | $6,178 | $3,089 | $1,545 | $7,723 |
| Tuition & Fees | $2,208 | $1,104 | $552 | $2,760 |
| Transportation | $2,178 | $1,089 | $545 | $2,723 |
Non-resident: Residing with Parent(s)
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1,916 | $958 | $479 | $2,358 |
| Personal Expenses | $1,086 | $543 | $272 | $1,358 |
| Room & Board | $2,090 | $1,045 | $523 | $2,613 |
| Tuition & Fees | $2,208 | $1,104 | $552 | $2,760 |
| Transportation | $2,178 | $1,089 | $545 | $2,723 |
Non-resident: Residing On-Campus
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1,916 | $958 | $479 | $2,395 |
| Personal Expenses | $2,264 | $1,132 | $566 | $2,830 |
| Room & Board | $5,430 | $2,716 | $1,358 | $6,788 |
| Tuition & Fees | $2,208 | $1,104 | $552 | $2,760 |
| Transportation | $2,178 | $1,089 | $545 | $2,723 |
New Mexico Resident: Less Than Half-Time
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1,916 | $958 | $479 | $2,395 |
| Tuition & Fees | $1,030 | $515 | $258 | $1,288 |
| Transportation | $2,178 | $1,089 | $545 | $2,723 |
Upper Division: Less Than Half-Time
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1916 | $958 | $479 | $2,395 |
| Tuition & Fees | $2,208 | $1,104 | $552 | $2,760 |
| Transportation | $2,178 | $1,089 | $545 | $2,723 |
New Mexico Non-Resident: Less Than Half-Time
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1916 | $958 | $479 | $2,395 |
| Tuition & Fees | $2,208 | $1,104 | $552 | $2,760 |
| Transportation | $2,178 | $1,089 | $545 | $2,723 |
Upper Division: Less Than Half-Time
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1916 | $958 | $479 | $2,395 |
| Tuition & Fees | $8,808 | $4,404 | $2,202 | $11,010 |
| Transportation | $2,178 | $1,089 | $545 | $2,723 |
New Mexico Resident: Residing Off Campus
UPPER DIVISION
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1,916 | $958 | $479 | $2,395 |
| Personal Expenses | $2,264 | $1,132 | $566 | $2,830 |
| Room & Board | $6,178 | $3,089 | $1,545 | $7,723 |
| Tuition & Fees | $8,808 | $4,404 | $2,202 | $11,010 |
| Transportation | $2,178 | $1,089 | $545 | $2,723 |
New Mexico Resident: Residing with Parent(s)
UPPER DIVISION
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1,916 | $958 | $479 | $2,395 |
| Personal Expenses | $1,086 | $543 | $272 | $1,358 |
| Room & Board | $2,090 | $1,045 | $523 | $2,613 |
| Tuition & Fees | $8,808 | $1,080 | $540 | $2,700 |
| Transportation | $1,728 | $864 | $432 | $2,160 |
New Mexico Resident: Residing On-Campus
UPPER DIVISION
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1,516 | $758 | $378 | $1,894 |
| Personal Expenses | $2,144 | $1.072 | $536 | $2,680 |
| Room & Board | $4,772 | $2,386 | $1,546 | $6,316 |
| Tuition & Fees | $2,160 | $1,080 | $540 | $2,700 |
| Transportation | $1,728 | $864 | $432 | $2,160 |
Non-resident: Residing Off Campus
UPPER DIVISION
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1,516 | $758 | $378 | $1,894 |
| Personal Expenses | $2,144 | $1,072 | $536 | $2,680 |
| Room & Board | $5,852 | $2,926 | $1,464 | $7,316 |
| Tuition & Fees | $8,808 | $4,404 | $2,202 | $11,010 |
| Transportation | $1,728 | $864 | $432 | $2,160 |
Non-resident: Residing with Parent(s)
UPPER DIVISION
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1,916 | $9758 | $479 | $2,395 |
| Personal Expenses | $1,086 | $543 | $272 | $1,358 |
| Room & Board | $2,090 | $1,045 | $523 | $2,613 |
| Tuition & Fees | $8,808 | $4,404 | $2,202 | $11,010 |
| Transportation | $2,178 | $1,089 | $545 | $2,723 |
Non-resident: Residing On-Campus
UPPER DIVISION
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| Books & Supplies | $1,916 | $958 | $479 | $2,395 |
| Personal Expenses | $2,264 | $1,132 | $566 | $2,830 |
| Room & Board | $5,430 | $2,715 | $1,358 | $6,788 |
| Tuition & Fees | $8,808 | $4,404 | $2,202 | $11,010 |
| Transportation | $2,178 | $1,089 | $545 | $2,723 |
Dependent Care Allowance
| STUDENT ALLOWANCE | FALL AND SPRING | PER SEMESTER | SUMMER | 1 YEAR |
|---|---|---|---|---|
| 1 Dependent | $2,720 | $1,360 | $680 | $3,400 |
| 2 Dependents | $5,440 | $2,720 | $1,360 | $6,800 |
| 3 Dependents (or more) | $6,800 | $3,400 | $1,700 | $8,500 |
Additional Supplement for Programs Requiring Kits/Supplies
| PROGRAM | SUPPLEMENT |
|---|---|
| Automotive Technology/Mechanics 1st Semester | $700 |
| Automotive Technology/Mechanics 2nd Semester | $216 |
| Automotive Technology/Mechanics 3rd Semester | $480 |
| Automotive Technology/Mechanics 4th Semester | $540 |
| Cosmetology (First Semester ONLY) | $470 |
| Drafting (First Semester ONLY) | $50 |
| Electricity Technology/Certificate 1st Semester | $440 |
| Electricity Technology/Certificate 2nd Semester | $712 |
| Plumbing (First Semester ONLY) | $1,980 |
| Nursing (Budgeted when student accepted into program) | $400 |
| Nursing Books & Supplies (When student is accepted into program 1st semester ONLY.) | $360 |
| Nursing Books & Supplies (Each semester, there after, while student is in Nursing Program) | $240 |
| Radiography (Budgeted when student accepted into program) | $160 |
| Radiography (Each semester while student is in the Radiography Program) | $240 |
| Welding Kit and Supplies (First semester ONLY) | $420 |
| Woodworking (First Semester ONLY) | $450 |
Return to Contents
Return of Title IV Funds-Financial Aid Policy
Federal regulations require Northern New Mexico College to have a written policy for the refund and repayment of federal aid received by students who withdraw during a term for which payment has been received. These policies are effective only if the student completely terminates enrollment (i.e., cancels his / her registration, withdraws, or is dismissed) or stops attending classes before completing more than 60 percent of the enrollment period.
Refund Policy
The amount of a refund of fees for students who withdraw will be calculated as outlined in the NNMC Catalog and Student Handbook.
Withdrawals & Return of Title IV Funds Policy
(Effective for the 2000 - 2001 Academic Year as of August 22, 2000)
This policy applies to students who withdraw (officially or unofficially) from enrollment at Northern New Mexico College. It is separate and distinct from NNMC Refund Policy for non Title IV recipients (refer to Refund Policy in the 1999-2001 Catalog & Student Handbook). The calculated amount of the "Return of Title IV Funds" that is required for students affected by this policy is determined according to the following definitions and procedures, as prescribed by regulation, and may or may not be the same as used in other contexts at the College.
- A student who withdraws is one who either officially goes through a "withdrawal from the college", is administratively withdrawn, is suspended from school, or ceases to attend school without providing notification to anyone.
- A student's withdrawal date is:
- The date the student began the institution's withdrawal process (as described in the college catalog) or officially notified the institution of intent to withdraw; or
- The midpoint of the period for a student who leaves without notifying the institution; or
- The student's last date of attendance at a documented academically related activity.
- A student may rescind his or her official notification to withdraw by filing a written statement that he or she is continuing to participate in academically-related activities and intends to complete the term (payment period) for which payment of Title IV funds were or would be received. The rescission of withdrawal is negated if the student subsequently ceases to attend prior to the end of the payment period. The withdrawal date then is the student's original date of withdrawal unless there is acceptable documentation showing a later date of attendance at an academically related activity and the College chooses to use such date.
- Title IV aid is earned in a prorated manner on a per diem basis (calendar days) up to the 60% point in the semester. Title IV aid is viewed as 100% earned after that point in time.
- In accordance with federal regulations, when Title IV financial aid is involved, the calculated amount of the "Return of Title IV Funds" is allocated in the following order:
- Federal Stafford Loan
- Federal Stafford Loan unsubsidized
- Plus
- Perkins
- Pell Grant
- FSEOG
- Other
- College and student responsibilities in regard to the return of Title IV funds follow:
Northern New Mexico College's responsibilities in regard to the return of Title IV funds include:
- Providing students with the information given in this policy;
- Identifying students who are affected by this policy and completing the Return of Title IV funds calculation for those students;
- Returning any Title IV funds that are due the Title IV programs.
The student's responsibilities in regard to the return of Title IV funds include:
- Returning to the Title IV programs any funds that were disbursed to the student and which the student was determined to be ineligible for via the Return of Title IV Funds calculation.
- Any notification of a withdrawal should be in writing.
- A student may rescind his or her official notification of intent to withdraw. Submission of intent to rescind a withdrawal notice must be filed in writing.
- Either of these notifications, to withdraw or a rescission of intent to withdraw, must be made to the Admissions and Records Office at NNMC.
This policy supersedes and replaces the prior required "Federal Title IV Refund Policy" portion of the Northern New Mexico College refund policy. This policy is subject to change at any time, and without prior notice.
Resources (Useful Links)
- U.S. Department of Education - Provides in-depth information and a variety of links to other valuable financial aid web sites.
- Students.gov - Student gateway to the U.S. Government. Delivers government information and services.
- New Mexico Commission of Higher Education - Guide to financial aid and a compilation of web resources of interest to financial aid applicants.
- FinAid.org - The smart student guide to Financial Aid. Specific information for students, parents, or FAA's/Educators.
- Financial Aid Resource Center - Financial aid information for everyone.
- FAFSA (Free Application for Federal Student Aid) - Complete and submit the Free Application for Federal Student Aid electronically.
- Financial Aid Student Guide - From the U.S. Department of Education.
- First Gov - Access to most Federal Government Agencies.
- Financial Aid Calculators from College Board Online - Use these free convenient calculators to estimate college costs and your Estimated Family Contribution (EFC). Determine your capacity for debt.
- College Net - Scholarship search.
- Fast Web (Financial Aid Search Through the Web) - The internet's first and largest free scholarship search service. Fast Web is a searchable database of more than 180,000 private sector scholarships, fellowships, grants, and loans from more than 3,000 sources.
- National Association of Student Financial Aid Administrators (NASFAA) - Comprehensive guide to financial aid and a compilation of web resources of interest to financial aid applicants.
- Search for Scholarships - Contains information about scholarship questions, applying for scholarships, scholarship sites, etc.
- Department of Veteran Affairs - Provides a series of links directly to the DVA and includes updated information on current VA benefits.
- Selective Service - Register today!
- College Quest - NASFAA and Peterson's join to sponsor a one-step resource for financial aid.
Frequently Asked Questions
- What is Northern New Mexico College's Title IV Code for the FAFSA?
- What is Northern's recommended filing date for applying for aid?
- What forms are needed to apply for Financial Aid?
- If I need help completing the FAFSA form what do I do?
- Will the Financial Aid Office submit my FAFSA application electronically for me?
- What do I do with the Student Aid Report (SAR) that I received in the mail?
- What happens after I apply?
- Do I have to be accepted to Northern before I apply for financial aid?
- What do I do after I receive my financial aid award letter?
- Will I have to send my tax return to you?
- Who has access to the information on the forms filed as part of the financial aid application?
- Will my financial aid award be reviewed while I am at NNMC?
- How do I apply for a Pell Grant?
- What other sources of aid are available?
- If my parents are separated or divorced, do they both have to contribute to my education?
- How do I become an independent student for federal aid purposes?
- What should I do if my or my family's financial circumstances change after I apply for aid?
- Do I have to apply for aid every year?
- My parents don't want to bother filling out the FAFSA because they don't think we'll be eligible for anything. Should we skip it?
- What if I have a credit balance on my student account?
- How do I obtain a work-study job?
- When and how do I get paid for my work-study job?
- What is the difference between the Accounting Office and the Office of Student Financial Aid?
- What is NNMC's Title IV School Code?
- If I have corrections that need to be made to my Student Aid Report, can I bring the forms into the Financial Aid Office for electronic submission?
- Will I have to pay back any financial aid money if I drop out or withdraw from school?
- If my or my family's current year income will be drastically lower than last year's income what do I do?
- What is my Data Release Number (DRN)?
- What is a PIN?
005286
Apply as soon after January 1 as possible for the summer semester. NNMC's deadline for priority consideration is March 15 for the Fall semester and October 15 for the Spring semester.
For most federal, state, and institutional aid, one must complete the Free Application for Federal Student Aid (FAFSA) each year. Forms and procedures are available at the Office of Financial Aid. You may complete the FAFSA on-line by visiting the following web site www.fafsa.ed.gov
You may make an appointment with a financial aid officer by calling 505-747-2128. Make sure you bring all the necessary financial documents with you. If you're not sure what forms to bring ask the Financial Aid Office. You will be expected to complete the general information sections on the form. We will be glad to assist you with the income reporting sections or with any questions you may have on the form.
Yes. We will be glad to submit your FAFSA application for you electronically. You are encouraged to accurately complete the FAFSA prior to making an appointment for electronic submission. However, if you are not sure how to fill out a particular question we will assist you in correctly completing the form. We also ask that you submit signed copies of your parent's (if applicable) federal tax returns. For more information concerning this service please call our office at 505-747-2128.
If you listed NNMC on your FAFSA you will not need to submit your SAR to our office. Keep the SAR for your records. However, if you did not list NNMC on your application you must submit your SAR to our office.
A letter will be sent informing you if your file is complete or requesting additional documentation to complete your file. All students filing for financial aid must have a complete file before a financial aid award is made. Students who have completed their file by April 15 will receive consideration for all types of funding available.
No. You may apply before you are accepted, but you will not receive a financial aid award letter until you are accepted for admission.
Read and respond! Call us with any questions and respond by the stated deadline.
Maybe. Keep a copy because 1 out of 3 students will have to send their tax returns to the Financial Aid Department to complete a process called verification. The Federal processor and our school randomly select 33% of applications for verification.
Only the Financial Aid Office staff at NNMC has access to this confidential information.
Each year you will be asked to re-apply for aid by completing the current FAFSA form so that changes in your family's financial situation and changes in NNMC's fees can be considered.
When you complete a FAFSA, you are automatically considered for a Pell grant.
There are many local, state and national organizations which grant scholarship funds. Financial Aid has a database of outside sources now available for student use on this web site. Visit our other useful links section on this same page.
The custodial parent and current spouse, if any, must complete the FAFSA. The non-custodial parent is not required to report information for federal student aid purposes.
If you meet one of the following: are 24 years old, are a veteran of the U.S. Armed Forces, are married, are a ward of the court, have no living parents and have no legal guardian, or have a legal dependent who gets more than half of their support from you. The Free Application for Federal Student Aid (FAFSA) has more details about these categories.
Call the Financial Aid Office and we'll tell you what procedures to follow so we can help you make the necessary adjustments. Your reported circumstance could affect your eligibility.
Yes. You must re-apply each year. Your renewal application will be mailed to you in January of the current year. If you do not receive one please contact Northern's Financial Aid Office and we will be more than happy to set up an appointment to help you fill out your FAFSA.
No. Three reasons why: (1) the rules change every year and your circumstances can change from year to year, (2) Northern requires the form if you want to be considered for student employment or scholarships, and (3) you just never know if your eligible for grants!
If you have a credit balance in your account (after tuition and textbooks charges) you will receive a final disbursement in the amount of your final balance by the fifth or sixth week in the semester.
You must first complete a FAFSA form and a NNMC Supplemental Application. Make sure you indicate on both forms that you are interested in employment. Once the current positions are filled we will start a waiting list. Students often drop or change jobs during the year and opportunities may arise.
You will be paid twice a month for the hours that you work. It is your money to spend as you see fit on your education related expenses. Work study students are currently paid $6.00 an hour and work up to twenty hours per week maximum.
These two offices are located in different places and are separate from one another administratively. Federal regulations require that these two offices keep their functions separated for financial internal controls. The Office of Student Financial Aid assists students through the application process, determines eligibility, and then awards grants, scholarships, student employment and certifies loans. The Business Office is responsible for collecting fees for college charges not covered by aid, sending bills, and disbursing financial aid that a student is entitled to.
Our Title IV School Code is 005286. Make sure to list our College on your financial aid application. If not, you will need to submit your Student Aid Report to our office once you receive it in the mail.
Yes. Make all the necessary corrections and make sure you have the required signatures on Part 2 of your SAR. Submit your SAR along with copies of your parents (if applicable) federal tax returns and we will submit the corrections electronically. We normally receive the corrections back in about a week.
If you receive federal financial aid and drop out or withdraw from school during the first 60% of the semester you may be required to repay a percentage of the aid that you received. You will be notified by mail if you owe a repayment of federal funds back to the U.S. Department of Education.
Contact the Financial Aid Office and request a Professional Judgment Form. Complete and submit the form to the Financial Aid Office for consideration of a recalculation. Often projected year income can be considered. These considerations are made at the family's request and on a case by case basis.
Your Data Release Number is a four digit number assigned to your application by the U.S. Department of Education and printed on the top right corner of your Student Aid Report (SAR). Anyone wanting to receive or change your FAFSA information must have your DRN in order to do so. Do not give out your DRN to anyone unless you have agreed to give him or her access to your FAFSA information.
Formerly known as the Electronic Access Code (EAC), a pin is the code that you need to: Sign your FAFSA electronically; Retrieve your Renewal FAFSA information over the Internet; File your Renewal FAFSA using the FAFSA on the Web site; Access the National Student Loan Data System (NSLDS) web site and view information about other federal student aid you may have received. Your PIN is similar to the PIN you use to access your bank account. To protect the privacy of the information you are submitting, you must keep your PIN secret. If you need a PIN, have lost or forgotten your PIN, or if you think someone else knows your PIN, you can request a new one at http://www.pin.ed.gov/.