| Non-Degree, Provisional, & DABCC Admits: |
- If you are admitted as a non-degree student, you are ineligible
for financial aid. If you are admitted as a provisional student,
you are ineligible for grants but may borrow under the Stafford loan
program. If admitted as a provisional, your status must change to regular
student within one year to be considered for further financial aid.
- At times, students who apply for NMSU admission are admitted through
the DABCC pending specific course work. If this occurs, your financial
aid is processed by the DABCC financial aid office. Once you complete
the course work, you must officially change your status from associate-degree-seeking
to bachelor-degree-seeking and from a branch-admission-status to a regular-admission-status.
Do this at either your college or the NMSU Registrars Office.
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| Hours Enrolled: |
- Undergraduate, full time status requires 12 or more graded
credits, three-quarter status is 9 to 11 graded credits, half time status
is 6 to 8 graded credits, and less than half time status is 1 to 5 graded
credits.
- Graduate, full time status requires 9 or more graded credits
and half time is 5 to 8 graded credits.
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- If you enroll at least half time and retain eligibility, you may receive
some form of aid. Most grants are prorated (reduced) but loans and work
study amounts remain the same.
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| Less than full time: |
- Undergraduates enrolled less than half time may retain eligibility
for grant funds but disbursement is delayed approximately 30 days and,
again, the amount is prorated (reduced). Visit your financial aid advisor for assistance.
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| Repeats & Audits: |
- If you audit a class, you pay to attend the class but do not receive
credit for the class. Financial aid cannot pay for audited classes.
- If you pass a class but repeat it for a higher grade, financial aid
will not pay for the 2nd repeat of the class, nor does financial aid
pay for 3rd or subsequent repeats of classes--whether you failed or
passed the 2nd time you enrolled. However, some courses (specifically
music, master, and doctoral thesis hours) are repeatable for a maximum
of credit hours. Refer to the NMSU course catalog for details of repeatable
credit hours. If you are enrolled in these music or thesis hours, visit
your financial aid advisor for assistance.
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| Mini-Sessions: |
- If you enroll in a mini-session class that begins other than the first
day of semester, once the class begins, visit your financial aid advisor.
The financial aid office will not pay for the class until it begins.
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| National & International Exchange: |
- If you attend another institution through NMSU's National or International
Student Exchange Programs, you retain your financial aid eligibility
with NMSU. However, disbursement is delayed approximately one month.
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| Graduate & 2nd Undergraduate Degrees: |
- If you are a graduate student, or are pursuing a 2nd undergraduate
degree, you are ineligble for grants. You may be eligible for work study,
Perkins loans, and/or Stafford loans.
- Graduate students interested in assistantships should check with the
individual departments or colleges for application procedures.
- If you are pursuing a 2nd undergraduate degree, submit a letter explaining
your situation and a current degree check list (signed by your academic
advisor) that clearly indicates how many hours from your 1st degree
apply to your 2nd degree.
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| Summer Sessions |
- Loans and/or work study are sometimes available if your financial
aid file is complete and you enroll at least half time. Funds are limited
and several restrictions apply so visit your financial aid advisor.
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Refund Policy
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- All charges for a semester must be paid in full before refunds are
permitted.
- When a refund is due, the refund is returned to the financial aid
program from which the aid was granted. Funds are returned in the following
sequence: loan programs, grant programs, scholarship programs.
- If you officially withdraw or drop a course during a semester, you
may receive a refund of tuition and fees. Refer to the appropriate NMSU
Schedule of Classes booklet for refund schedules and dates. Refund schedules
apply when courses are dropped and a tuition adjustment is necessary.
- No refund will be made on classes of less than six weeks duration.
- In cases of academic or disciplinary suspension, eligibility for a
refund will depend on the conditions of the suspension and will be at
the option of the university.
- Residence hall and dining hall charges will be refunded in accordance
with university regulations and schedules adopted by these departments.
- Federal regulations require a separate refund schedule for first-time
students.
- For details please contact the NMSU Student Accounts Receivable
Office at 505-646-4911.
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