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New Mexico State University

ACES Scholarship System Frequently Asked Questions

The following is a list of frequently asked questions that students and parents have about financial aid at NMSU. If your question is not here use the contact me link below to ask additional questions.

 

  1. What is the FAFSA and what does it make me eligible for?
  2. What are the qualifications to receive and maintain a New Mexico Resident Scholarship?
  3. What are the qualifications to receive and maintain a scholarship if you are not from New Mexico?
  4. Which resident scholarship, non-resident scholarship or waiver do I qualify for and what are the award and renewal criteria?
  5. What are University Scholarships and how do I apply for them?
  6. How do I apply for scholarship available to me through the college and my department?
  7. My scholarship was originally awarded but has now been revoked?
  8. How do I get outside scholarships to pay my NMSU Expenses?
 

What is the FAFSA and what does it make me eligible for?

The Federal Application for Student Financial Aid (FAFSA) is a form provided by United States Department of Education and is designed to ensure that all eligible individuals benefit from federal funding. This application is used by many college institutions including NMSU as a way to determine the need status of a student. This form needs to be updated yearly if you wish to continue receiving federal funding . The application will require income tax information from you and your parents to complete.

The FAFSA information will be used in the following types of Financial Aid:

  • Grants (Leap, Pell, Etc) are a federally funded form of aid that is based on your need and do not have to be repaid.
  • Student Loans (Stafford, etc) a form of aid typically processed through banking institutions that must be repaid usually with interest.
  • Work-study funds are a highly valuable commodity. If you plan to work on campus, this is a necessity, as there are many employers that will only hire students with work-study funds. The value for the student is flexible work schedules and employment that is related to their major. The value for the employer is that work-study pays part of the student’s salary and it makes it easier to hire more students.
  • Need based scholarships occur in both the university and the college scholarship programs. A certain percent of the scholarship funds available require the student must have financial need and that value is obtained from the FAFSA.

Contact:
www.fafsa.ed.gov

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What are the qualifications to receive and maintain a New Mexico Resident Scholarship?

Application Process:

  • Resident scholarships offered through the Honors College require a separate application and are competitive. Click on the link below to see if you qualify for one of these scholarships and a link to the application will be provided for you.
  • Resident scholarships offered through the University Financial Aid office are automatically awarded upon admission to NMSU with qualifying High School GPA and ACT/SAT score.

Awarding Criteria:

  • Must be a first time entering freshman.
  • Must have graduated from a New Mexico High School.
  • Can only receive one of these scholarships.
  • Students receiving a resident scholarship are also eligible to apply for other college and department scholarships.

Renewal Criteria:

  • Must complete 12 graded hours per semester (A, B, C & D only!)
  • GPA requirements vary according to scholarship.
  • Scholarship is renewable for up to 9 semesters if requirements are satisfied.
  • If GPA or graded hours fall below requirements the scholarship is permanently void.

Contact:
NMSU Financial Aid Office - Education Services building

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What are the qualifications to receive and maintain a scholarship if you are not from New Mexico?

Application Process:

  • Non-resident waivers offered through the University Financial Aid office are automatically awarded upon admission into NMSU with a qualifying high school GPA and ACT/SAT score.

Awarding Criteria:

  • Waivers are used to allow non-residents to pay in-state tuition rates.
  • Most waivers are based on location and are competitive.
  • Waiver students are eligible for other college and department scholarships.
  • Automatically awarded upon admission with qualifying High School GPA and ACT/SAT score.

Renewal Criteria:

  • Must complete 12 graded hours per semester (A,B,C & D only!)
  • GPA requirements vary according to scholarship.
  • Scholarship is renewable for up to 9 semesters if requirements are satisfied.
  • If GPA or graded hours fall below requirements the scholarship is permanently void.

Find which non-resident scholarships you are eligible for:
NMSU Financial Aid Office - Education Services building


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Which resident scholarship, non-resident scholarship or waiver do I qualify for and what are the award and renewal criteria?

  Fill out the following fields:
High School State
High School GPA
ACT or SAT Score
 
 


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What are University Scholarships and how do I apply for them?

The University Application will be available between Jan 1st 2008 and March 1st 2008. Over 120 Funds are available with various criteria and amounts. Reapply Annually. Deadline is March 1, 2007.


Contact:
NMSU Financial Aid Office - Education Services building

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How do I apply for scholarship available to me through the college and my department?

You are in the right place!

College Scholarships are available for any students enrolling in a major in the college of Agriculture and Home Economics. Applications submitted through the college will also be submitted to the department where your major is listed and you may eligible for departmental scholarships. The College Application will be available for all students between Jan 5, 2009 and March 2, 2009. The Application will reopen on April 1st, 2008 through June 1st, 2007 for incoming freshman, new transfer students, and new majors.


Contact:
ACES Academic Programs - Gerald Thomas Hall Room 221

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My scholarship was originally awarded but has now been revoked?

All college scholarships are tied to specific criteria including GPA, major, etc. Any actions made by the student that make them no longer eligible for that scholarship will be revoked.

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How do I get outside scholarships to pay my NMSU Expenses?

Many towns, companies and organizations give scholarships to students. If you receive any of these types of scholarships please notify the donor once you have made a decision on which institution you wish to attend and when you will graduate. They should get in direct contact with the financial aid office 505-646-4105 at least one month before classes begin in order to have your scholarship show up on time or they can give you a check directly according to their awarding bylaws.

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