Financial Aid Grants

TYPES OF GRANTS

Northern New Mexico College places a high priority on need-based financial aid to fulfill its commitment to meeting the demonstrated financial need of Northern undergraduates.

Millions in need-based grants have been awarded to ensure that an economically diverse student population from New Mexico could enroll at Northern.

Grants do not have to be paid back.

Although most of the grants awarded to Northern students are based on financial need, the Iraq and Afghanistan Service Grant, has special purposes and eligibility criteria.

The types of grants awarded to Northern students and eligibility criteria are listed below:

NORTHERN
SCHOOL CODE:
005286

Financial Aid Office
finaid@nnmc.edu
M-F/ 8:30am – 5pm
(505) 747-2128
(505) 747-2121 (FAX)

FAFSA HELP:
Educational Opportunity Center
eoc@nnmc.edu
(505) 747-2183 or
Make An Appointment

A. Federal Pell Grant (FPELL)

A federal grant provided by the federal government to undergraduate students who demonstrate exceptional financial need and have an Expected Family Contribution (EFC) below a certain threshold established by the federal government. The Pell Grant award amount is prorated based on Enrollment Status.

For more information about the Federal Pell Grant and other Federal Grants click here: studentaid.gov

Eligibility:

Awards vary based on EFC

Terms of Award:

Must be enrolled at least half-time; less than half-time enrollment allowed in limited circumstances

Cannot receive for more than 12 full-time semesters* (*Pell Grant Lifetime Maximum)
Effective fall 2012, students can only receive a Federal Pell Grant for 6 years or 12 semesters at full-time enrollment. Northern defines full-time enrollment as 12 or more credit hours per semester. Students who are enrolled in less than full-time will have their lifetime eligibility adjusted (prorated) accordingly. You may monitor your lifetime eligibility by logging into the National Student Loan Database (NSLDS). This site will provide you with the Pell Lifetime Eligibility Used in percentages. The maximum you can use in a lifetime is 600%. This is equivalent to 6 years of full-time eligibility. You must know your pin (same PIN you used to complete your FAFSA) to log in.

B. Federal Supplemental Education Grant (FSEOG)

The FSEOG is a federal grant awarded by the institution to qualified undergraduate students who demonstrate exceptional financial need. Priority is given to Federal Pell Grant recipients.

Eligibility:

Awarded to Pell Grant eligible undergraduates pursuing their first bachelor’s degree.
Must complete the financial aid application process by the April 30 priority filing deadline.

Terms of Award:

Award amount varies from $300 - $1,200 per academic year and is based on need.
Must be enrolled at least half-time.

C. New Mexico Student Incentive Grant (NMSIG)
(For NM residents only)

This grant provides educational grant assistance to residents of New Mexico who demonstrate substantial need to attend eligible post-secondary institutions in New Mexico. For a detailed list of New Mexico grants go to grants.

Eligibility:

U.S. Citizen
New Mexico Resident
Undergraduate
Enroll at least half-time
Demonstrate financial need

Terms of Award:

Award varies from $300 - $1,200 per academic year based on need.

D. College Affordability Grant

The purpose of the College Affordability Grant is to encourage New Mexico students with financial need, who do not qualify for other state grants or scholarships, to attend and complete educational programs at a public New Mexico college or university.

Eligibility:

Undergraduate attending a public New Mexico college or university
Must demonstrate financial need as determined by the Free Application for Federal Student Aid (FAFSA).
May not be receiving any other state grants and scholarships.
Must be enrolled full-time.

Terms of Award:

Maximum of $400 per semester.
Renewable if student maintains satisfactory academic progress.
May receive scholarship for a total of eight (8) consecutive semesters if pursuing a Bachelor’s degree.

E. Iraq and Afghanistan Service Grant (ISAG)

A federal grant to qualifying students with a parent or guardian who died as a result of U.S. military service in Iraq or Afghanistan after September 11, 2001. If a student is eligible for a Federal Pell Grant, he or she cannot receive an IASG.

Eligibility:

You may be eligible to receive the Iraq and Afghanistan Service Grant if:

you are not eligible for a Federal Pell Grant on the basis of your Expected Family Contribution (EFC) but,
you meet the remaining Federal Pell Grant eligibility requirements, and
your parent or guardian was a member of the U.S. armed forces and died as a result of military service performed in Iraq or Afghanistan after the events of 9/11, and
you were under 24 years old or enrolled in college at least part-time at the time of your parent’s or guardian’s death.

Terms of Award:

The grant award is equal to the amount of a maximum Federal Pell Grant for the award year but cannot exceed your cost of attendance for that award year.