Grants are financial aid administered by the U.S. Department of Education and are Title IV student aid programs that do not require repayment.
Priority filing deadline is April 15. NNMC School Code is: 005286 |
Should you apply for financial aid?
Northern College strongly encourages all students to apply for financial aid. Because so many students come from two-income families, some of whom have more than one child in an educational setting simultaneously, it is not unusual for families with incomes totaling $80,000 to $100,000 or more to qualify for need-based aid.
Review your award notice carefully. Most financial aid awards are for the fall and spring semesters. Half of the funds will be available for the fall term while the other half is reserved for your spring term charges. If you plan to enroll for both semesters and your award is for one term only, please contact the financial aid office
The primary types of grants that students can receive at Northern are:
Federal Pell Grant (FPELL): Federal Pell Grants are the largest of the Federal Student Aid Programs. The amount of the grant is determined and scheduled by the U.S. Department of Education. This grant does not have to be repaid. Awards range from $890 to $4,731.
Federal Supplemental Education Grant (FSEOG): Campus-Based Aid FSEOG's are awarded to undergraduate students with exceptional financial need. Federal Pell Grant recipients receive priority. Since there are limited funds available, you should make sure that you apply by the April 1st priority deadline each year.
Institutional Grant - New Mexico Incentive Grant (NM residents only) (NMSIG): This grant provides educational grant assistance to residents of New Mexico who demonstrate substantial need to attend eligible postsecondary institutions in New Mexico.
Academic Competitiveness Grant (ACG): An ACG 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. Second year students must also have maintained a cumulative GPA of at least3.0. The Academic Competitiveness Grant award is in addition to the student's Federal Pell Grant award.
National Science and Mathematics Access to Retain Talent Grant (National SMART Grant) : A National SMAT 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 computer sciences, mathematics, technology, or engineering or in a foreign language determined critical national security. the student must also have maintained a cumulative GPA of at least a 3.0.
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Eligibility criteria for federal aid programs require that a student:
• be enrolled or accepted for enrollment as a regular student pursuing a degree
in an eligible program
• not be simultaneously enrolled in an elementary or secondary school while
enrolled in postsecondary school
• provide a valid social security number
• have a high school diploma or its recognized equivalent (GED), or
demonstrate the ability to benefit by passing an independently administered
test approved by the U.S. Department of Education
• Be a U.S. citizen or eligible non-citizen
• if male be registered with the Selective Service Selective Service
• complete a FAFSA and demonstrate need for financial assistance FAFSA
• maintain satisfactory progress as identified by the institution
• not be in default of a federal or state student loan
• not owe repayment on any federal grant
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Other Financial Assistance
Federal Work Study: This program provides jobs for undergraduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work within the College.
Veterans Benefits: Northern New Mexico is proud to offer approved educational training to veterans. Prospective students should contact the VA Regional Office and the Veterans Benefits Advisor, Pam Montrose (LINK) in the Academic Advising Office. The application process to receive VA benefits is easy and can be completed in person or through the GI BILL web site.
Special Circumstances
If you experience an unusual hardship in your family that is not reflected on your FAFSA, you should report it to the Financial Aid Office. It may be possible to make an adjustment in your aid package, depending on the circumstance that you document.
Satisfactory Academic Progress
New standards were put into place recently regarding the Northern New Mexico College's Satisfactory Academic Progress Policy as it relates to financial aid. Three conditions are required for students to be eligible to receive financial aid: one concerns the number of successful credit hour completion ratio, one relates to a student's cumulative grade point average, and one addresses maximum time frame. It is very important that students read over the new requirements. Please click Satisfactory Academic Progress for a copy of the policy. Satisfactory Academic Progress