What is the FAFSA?
The Free Application for Federal Student Aid, or FAFSA, is an application a student submits that determines qualification for federal aid, including grants, loans, and work-study. The completion of the FAFSA is necessary to be considered for financial aid.
Why should I fill out the FAFSA?
The FAFSA gives you access to the largest source of financial aid to help pay for college! New Mexico State University offers federal and state aid to qualified students, and your eligibility for that aid is determined by the FAFSA.
When do I fill out the FAFSA?
The FAFSA will open on October 1st of each year. For the 2020-21 FAFSA, you will need to use 2018 tax information. We encourage you to fill out the FAFSA as soon as possible after the opening date. Certain funds are awarded on a first come, first serve basis, including work-study, so it’s very important to submit the FAFSA as early as possible. The priority deadline for the FAFSA is March 1st of each year. However, a FAFSA can be filed at anytime during the academic year.
The FAFSA needs to be filed every year you attend school in order to determine eligibility for federal financial aid.
Can I get an early estimate of my aid?
Yes, you can definitely get an early estimate of your aid! The Net Price Calculator is an excellent tool to help you determine how much aid you could receive.
How do I fill out the FAFSA?
The FAFSA is free and easy to fill out! For step by step instructions, visit the Application Process page. You can also download the app for your Android or iPhone. In addition, the NMSU Financial Aid Office offers several FAFSA Fast Forward Nights to assist you in filling out the FAFSA.
What happens after I fill out the FAFSA?
After you submit the FAFSA, it will be processed and your Expected Family Contribution (EFC) will be determined. Your EFC is then used to determine how much aid you receive.