Grants

Grants are need-based aid that do not need to be repaid. They are reserved for students with the highest financial need.

To apply for grants, you must submit your Free Application for Federal Student Aid (FAFSA) as early as possible. The Expected Family Contribution (EFC) number generated by your FAFSA application determines your eligibility for Grants as well as all other Title IV aid. FAFSA applications are available October 1.

Along with completing the FAFSA application, students must also be admitted as a degree seeking undergraduate students and be meeting all aspect of Satisfactory Academic Progress (SAP).

State Grants

State grants are provided by the state of New Mexico and are considered priority-based aid. Students are encouraged to complete their FAFSA by March 1st, NMSU’s priority deadline, annually to maintain maximum eligibility for state-based grants. State grants are awarded on a first come, first serve basis.

College Affordability

The CAG program is to encourage undergraduate students, who are New Mexico residents, with financial need and who do not qualify for other state grants or scholarships, to attend and complete educational programs at a New Mexico public university.  CAG Grants are funded by the State Of New Mexico and are available on a first come first served basis.

The amount of your awards depends on:

  • When you applied and completed your FAFSA application
  • Expected Family Contribution (EFC) – your financial need based on the FAFSA application
  • Status as a full-time or part-time student
  • Your admitting campus
  • The availability of funds

Students must file a Free Application for Federal Student Aid (FAFSA) as part of the application process for an CAG Grant.

New Mexico Student Incentive Grant (SSIG)

The SSIG program provides need-based grants to help low-income undergraduate students, who are New Mexico residents, finance the cost of postsecondary education.  SSIG Grant are funded by the State Of New Mexico and are available on a first come first served basis. Priority is given to student who receive Federal Pell Grants.

The amount of your award depends on:

  • When you applied and completed your FAFSA application
  • Expected Family Contribution (EFC) – your financial need based on the FAFSA application
  • Status as a full-time or part-time student
  • Your admitting campus
  • The availability of funds

Students must file a Free Application for Federal Student Aid (FAFSA) as part of the application process for an SSIG.

Federal Grants

Federal grants are need-based aid provided by the Federal Government. To receive Federal grants, students need to complete a FAFSA, demonstrate financial need, and meet Satisfactory Academic Progress.

Pell Grant

Federal Pell Grants are awarded only to undergraduate students who have not earned a bachelor’s or professional degree.

The dollar amounts of a Pell Grant awards can change yearly. The amount of your award depends on your:

  • Expected Family Contribution (EFC) – your financial need based on the FAFSA application
  • Cost of Attendance
  • Status as a full-time or part-time student, and
  • Plans to attend school for a full academic year or less

You can only receive Pell Grant funds from one school at a time. The maximum time frame for Pell Grant eligibility is 12 semesters or the equivalent. You will receive a notice from the Financial Aid Office if you’re getting close to your limit.

If your parent or guardian was a member of the U.S. armed forces and died as a result of military serve performed in Iraq or Afghanistan after the events of 9/11. You may be eligible for additional Pell Grant funds if, at the time of your parent’s or guardian’s death, you were:

  • Less than 24 years of age, or
  • Enrolled in college or career school at least part time

If you meet these requirements and you’re eligible for a Pell Grant, your Expected Family Contribution (EFC) will be changed to zero, which maximizes your Pell grant amount and can increase your eligibility for all federal student aid programs. Payments are adjusted if you are enrolled less than full-time.

If you meet those requirements and you are eligible to receive a Pell Grant due to your EFC being too high, you might be eligible for the Iraq and Afghanistan Service Grant.

Students must file a Free Application for Federal Student Aid (FAFSA) as part of the application process for a Federal Pell Grant.

SEOG Grant

The SEOG Program provides need-based grants to help low-income undergraduate students finance the cost of postsecondary education. SEOG Grants are funded by federal and institutional sources and are available on a first come first served basis. Priority is given to students who receive a Federal Pell Grant.

The amount of your awards depends on:

  • When you applied and completed your FAFSA application
  • Expected Family Contribution (EFC) – your financial need based on the FAFSA application
  • Status as a full-time or part-time student
  • Your admitting campus
  • The availability of funds

Students must file a Free Application for Federal Student Aid (FAFSA) as part of the application process for a Supplemental Educational Opportunity Grant.

Iraq and Afghanistan Service Grant (IASG)

The Iraq and Afghanistan Service Grant provides money to undergraduate students to help pay for their educational expenses and has special eligibility criteria.

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

  • You are not eligible for a Federal Pell Grant on the basis of your Expected Family Contribution
  • 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 serve 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.

The dollar amounts of an Iraq and Afghanistan Grant award can change yearly. The award amount is based on a percentage of the maximum Federal Pell Grant award for the current academic year, but it cannot exceed your cost of attendance for that award year.

Students must file a Free Application for Federal Student Aid (FAFSA) as part of the application process for the Iraq and Afghanistan Service Grant.

TEACH Grant

The Teacher Education Assistance for College and Higher Education (TEACH) Grant program provides an annual grants to students who plan to become teacher.  As a condition for receiving at TEACH Grant, students must agree to teach full-time in a high-need field, for at least four academic years at an elementary school, secondary school, or educational service agency that serves low-income families. The grant recipient must complete the required four years of teaching within eight years of completing (or otherwise ceasing to be enrolled in) the course of study for which a TEACH Grant was received. If a grant recipient does not meet that obligation, the TEACH Grants funds received are converted to a Direct Unsubsidized Loan that must be repaid with interest.

What are high needs fields?

  • Bilingual education and English language acquisition,
  • Foreign language,
  • Mathematics,
  • Reading specialist,
  • Science, and
  • Special education, as well as,
  • Any other field that has been identified as high-need by the federal government, a state government, or a local education agency, and that is included in the annual Teacher Shortage Area Nationwide Listing (Nationwide List).

 The amount of the award:

  • A full-time undergraduate TEACH Grant recipient may receive four scheduled awards of $4,000 each, or a total of $16,000, for the students first bachelor’s degree. Programs after the first bachelor’s degree are not eligible.
  • A graduate student may receive two scheduled awards or $4,000, or a total of $8,000, for a master’s degree program.

Students must file a Free Application for Federal Student Aid (FAFSA) as part of the application process for an TEACH Grant.

Learn About The TEACH Grant