Office of Financial Aid & Scholarships


For information on accepting your financial aid awards, accepting Terms and Conditions, or otherwise navigating your myNMSU Financial Aid tab, see the myNMSU Instruction Guide. If you were awarded Federal Financial Aid, and/or Work Study, log into your myNMSU account to accept your awards for the academic year.

myNMSU ⇒

 

Federal regulations require all students receiving financial aid to meet Satisfactory Academic Progress.  The DACC Office of Financial Aid & Scholarships will review all financial aid recipients at the end of each academic semester.  The review will measure both qualitative (GPA) and quantitative (completion rate) standards. 

Satisfactory Academic Progress Policy ⇒

Disbursement


Financial aid is disbursed to student accounts the Monday before classes start to pay off account charges. The schedule breaks down when disbursement and refunds are processed.

Review Schedule ⇒

 

Student Rights & Responsibilities


All borrowers have rights and responsibilities when borrowing federal direct loans. Borrowers are encouraged to contact their loan servicer for all repayment options. 

 Borrower Rights ⇒

 

Charges & Payments



Billing Information ⇒

Return of Title IV 


Students who receive financial aid funds and subsequently withdraw from the same term (for any reason) should be aware of the repercussions withdrawing will have.

Withdrawing ⇒

 

Verification Policy


DACC adheres to the following verification principles developed by the National Association of Student Financial Aid Administrators (NASFAA) to ensure that funds are awarded to eligible students in an equitable and consistent manner.

Verification ⇒

 

 

Consumer Information


 A school must annually provide a notice directly to all enrolled students describing the availability of the required consumer information. 

Information ⇒