online - Dona Ana Community College - New Mexico State University
online - Dona Ana Community College - New Mexico State University
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 />
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