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New Mexico State University
Office of Student Financial Aid and Scholarship Services

Awards & Down Payments

Awards

The Financial Aid Office mails your Official Award Notification Letter after your file is completed and reviewed by an advisor. The letter summarizes the type(s) and amount(s) of aid offered, assuming full-time enrollment for grants and at least half-time enrollment for loans. You must be admitted to the university as degree-seeking to receive an award letter. Carefully read the award terms and conditions and indicate whether you accept or decline each award. Return one signed copy of the award letter to the Financial Aid Office within 30 days. Keep the other copy for your records

Down Payments

If you are awarded grants, loans, or NMSU Scholarships, you may not need to make a down payment. However, if you are not yet awarded these funds or if you are awarded other funds (work study, tuition waivers, outside resources), you are responsible for your down payment to reserve your classes.

Follow the directions on the NMSU Fee Statement. The statement will indicate your total charges, financial aid awarded, and the details of your class schedule. If you have been awarded financial aid, the statement includes a "Certification of Enrollment" information box. You must sign the information box and return the statement to the NMSU Business Office to reserve your classes. Do so by the Friday before classes begin each semester to help ensure timely payment of financial aid.

If you are not awarded aid. the statement includes the "Business Office" information box, explaining that you must pay your own down payment. Do so by the date indicated to reserve your classes.

Last modified February 17, 2003. If you have any questions concernining the web page please write an e-mail to finaid@nmsu.edu.