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online - Dona Ana Community College - New Mexico State University

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• Applicants should be enrolled at least half time (six hours) for<br />

most federal aid programs and scholarships. Students enrolled<br />

less than half time must visit with Financial Aid staff.<br />

• Applicants must be in good academic standing and maintain<br />

satisfactory academic progress.<br />

• Applicants who are required to register with Selective Service<br />

must indicate that they have done so.<br />

• Applicants must verify that they do not owe a refund on a federal<br />

grant and that they are not in default on a federal student<br />

loan.<br />

• Applicants must be enrolled in an eligible program and be<br />

seeking a certificate or a degree.<br />

• Need must be clearly established for need-based financial assistance.<br />

• No applicants will be denied financial assistance on the basis<br />

of age, color, disability, gender, national origin, race, religion,<br />

or sexual orientation.<br />

Some scholarships and other forms of financial aid have individual<br />

eligibility requirements in addition to the general requirements.<br />

These are noted in the NMSU financial aid packet.<br />

Satisfactory Academic Progress Policy. Students receiving financial<br />

aid are expected to achieve a degree within a reasonable length of<br />

time. Eligibility for financial aid may be terminated if satisfactory<br />

academic progress is not demonstrated. Action by the student will<br />

be required for financial aid to be reconsidered. Most undergraduate<br />

students seeking their first associate degree have a maximum of<br />

99 credits to receive their degree.<br />

Note: All credits are included in the limits, even if financial aid was<br />

not received while taking those credits. This would include all credits<br />

attempted at other schools. A student who has fewer than the<br />

maximum credits allowed when the term begins will be certified for<br />

aid for the term.<br />

Semester Review—Minimum Expectations for Retaining Financial<br />

Aid. Most undergraduate students receiving financial aid must<br />

maintain a minimum cumulative GPA of 2.0 to remain in good<br />

standing.<br />

Credit Hours Progression. Credit hour progression will require a<br />

student to complete a minimum of 66.6 percent of all attempted<br />

hours with passing grades. Summer hours and transfer hours will<br />

also be included in this calculation. Only courses receiving grades<br />

of A, B, C, D, and S will count as completed courses. Courses with<br />

all other grades, including I (incomplete), RR, W, U, and F, will not<br />

count toward progress (and may or may not be funded by financial<br />

aid).<br />

Retaining Eligibility for Financial Aid. All Students must continue to<br />

meet the requirements for eligibility that were necessary for them<br />

to receive an offer of assistance. This includes being admitted and<br />

completing courses in a degree program. Students cannot owe any<br />

refunds or be in default on previously received financial aid. All<br />

other criteria as defined by the rules and regulations of the institution,<br />

<strong>New</strong> <strong>Mexico</strong> <strong>State</strong> <strong>University</strong>, and the federal government must<br />

be met.<br />

Application Procedure<br />

DACC uses the Free Application for Federal Student Aid. Contact<br />

one of the staff members in the Financial Aid Office, room DAMA-<br />

115, to assist you in the completion of any one of these forms. Applications<br />

should be submitted by March 1 if you are applying for<br />

fall semester, or November 1 if you are applying for spring semester.<br />

These are priority application dates that will allow sufficient time for<br />

awarding aid prior to the semester in which you desire to enroll.<br />

Sources of Financial Aid<br />

Grants. The foundation for financial aid is the Federal Pell Grant,<br />

available to undergraduate students with documented financial<br />

need. The student may be eligible to receive other types of aid, including<br />

a Federal Supplemental Educational Opportunity Grant or<br />

Leveraging Education Assistance Partnership Program (LEAP) Grant.<br />

These grants are awarded to undergraduate students who show exceptional<br />

financial need. Typically, all three types of grants do not<br />

have to be repaid.<br />

Loans. Available to undergraduate students with financial need,<br />

Federal Perkins Loans are long-term, low-interest loans that must<br />

be repaid according to federal guidelines. Repayment begins nine<br />

months after graduation or after enrollment drops below six credits.<br />

Subsidized and unsubsidized Federal Stafford Loans are long-term<br />

loans available to undergraduate students. Students receiving a subsidized<br />

or unsubsidized Federal Stafford loan or a Perkins loan, must<br />

complete a debt-management session before DACC/NMSU will issue<br />

a check. In addition, students must complete an exit interview<br />

upon graduation or withdrawal from DACC/NMSU. Repayment of a<br />

Stafford loan begins six months after graduation or six months after<br />

enrollment drops below six credits. The interest rate is variable but<br />

will not exceed 8.25 percent. More information will be available at<br />

the time the loan is made.<br />

Work-Study Programs. The Federal Work-Study Program provides<br />

employment opportunities for selected undergraduate students with<br />

demonstrated financial need. The <strong>New</strong> <strong>Mexico</strong> Work-Study Program<br />

also provides employment opportunities for students; however, only<br />

<strong>New</strong> <strong>Mexico</strong> residents are eligible to participate in the program.<br />

For more information on the U.S. Department of Education student<br />

aid programs, look on the Internet at http://studentaid.ed.gov/<br />

students/publications/student_guide/index.html (for financial aid)<br />

or http://dacc.nmsu.edu/.<br />

Awards. All financial aid awards are based on information provided<br />

by the student and parents, availability of funds, and eligibility requirements.<br />

Any award may be revised based on changes in enrollment,<br />

cost of attendance, family contribution, or failure to meet<br />

satisfactory academic progress. Withdrawals or reductions in enrollment<br />

may affect an award or any future awards. Financial aid and<br />

scholarships may not pay for courses in which an I or RR grade is<br />

received, or for audited courses. Visit with the Financial Aid Office<br />

for specific disbursement requirements. Mini-session courses will<br />

be considered for payment only if registered in course by the last<br />

date to add a course in August or January.<br />

General Scholarships. Application eligibility criteria and application<br />

instructions for the scholarships that follow can be obtained <strong>online</strong><br />

at the following Web address: http://dacc.nmsu.edu/serv/faid<br />

• DACC Institutional Scholarships. DACC Institutional Scholarships<br />

are awarded on a first-come, first-served basis. Applicants<br />

must be pursuing a certificate or associate degree at<br />

DACC, have at least a 2.5 GPA, and be a <strong>New</strong> <strong>Mexico</strong> resident.<br />

Scholarships are awarded annually for fall and spring semesters<br />

only.<br />

• <strong>New</strong> <strong>Mexico</strong> Lottery Success Scholarship. Now, every <strong>New</strong><br />

<strong>Mexico</strong> high school graduate (and GED graduate) who plans<br />

to attend a public college or university in this state is eligible<br />

for a four-semester scholarship, courtesy of the <strong>New</strong> <strong>Mexico</strong><br />

Lottery and its players, provided certain criteria are met.<br />

Other Scholarships. Scholarships may also be available from individual<br />

DACC departments, as well as local companies and agen-<br />

2 0 0 7 - 2 0 0 8 C A TA L O G<br />

11

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