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Dona Ana Community College

Office of Financial Aid and Scholarships

FAFSA SCHOOL CODE: E00876

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When:
Thursday May 7th 3:00pm - 4:00pm
Tuesday May 12th 3:00pm - 4:00pm
Wednesday May 20th 3:00pm - 4:00pm

Where:
DACC East Mesa Campus
2800 N. Sonoma Ranch Blvd
Student Resources Bldg. - Testing Center Room 105

What to bring:
Be sure to bring student and/or parent 2014 Federal Tax Returns/Transcripts as well as all    W-2 Forms.  Please arrive on time; students who arrive at closing time will need to attend a future session.  If you have any questions, please call (575) 527-7696.
Students with disabilities may contact our office for assistance. 


Dates to Remember

For more dates to remember click the links below

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Getting on Board

Important Updates

Do you have questions?  Contact us or Ask A Question.


Mission:

Doña Ana Community College Office of Financial Aid & Scholarships strives to provide financial resources for students pursuing higher education by assisting with the elimination of financial barriers. We are committed to promoting an affordable and accessible education to a diverse student population.

Goals:

  • Provide quality customer service and accurate information.
  • Process aid efficiently and in an accurate and timely manner.
  • Provide precise and clear consumer information regarding financial aid.
  • Maximize sources of governmental, institutional, and private funding for students.
  • Work cooperatively and communicate effectively with other NMSU/DACC offices and the community in meeting the goals of the institution.

Financial aid is money that is given, earned, or lent to help students pay for their education.  Federal government programs provide approximately 70% of the financial aid granted nationwide.  Though the term "financial aid"is frequently used to describe any funds a student obtains to attend college, it is important to recognize different types of financial aid. Keeping it as simple as possible and ignoring the few exceptions, there are four major categories of financial aid; Grants, Loans, Workstudy, and Scholarships.



First-Time Student Loan Borrowers - Disbursement Rules

Requirements for ALL First-Time Student Loan Borrowers at DACC.  

Know when your student loan will disburse!


REQUIRED for Federal Student LOAN Disbursement!

Any FIRST-TIME loan borrowers will need to complete an In-Person Entrance Counseling session offered by the DACC Office of Financial Aid & Scholarships. Entrance Counseling is a Federal requirement for FIRST-TIME borrowers; teaching students their rights and responsiblities of borrowing a federal student loan. In-Person Entrance Counseling takes place at various times and locations including, East Mesa Center Auditorium, Gadsden Center (Room 117) and Sunland Park Center (Room 114). Register for the sessions at the following link; DACC In Person Entrance Counseling.

***Promissory Note requirements still need to be completed at studentloans.gov***

For all FIRST-TIME loan borrowing FRESHMAN (0-27 credit hours), there will be a 30-day hold on Subsidized and/or Unsubsidized Federal Direct Student Loans and Pekins Loans.

For questions, visit our office at the East Mesa Center, Student Resource Building, Rm. 109 or call (575) 527-7696.


New FSA ID to Replace FSA PIN Coming Soon!

Students and student loan borrowers enter a four-digit personal identifcation number (PIN) to access the FAFSA® on the web application, NSLDS® student loan information, and StudentLoans.gov.  There will be a change in this login process soon.

Users will authenticate teir identity by entering a new FSA ID, which will be comprised of a user-selected usermane and password.

For more information, visit the DACC Office of Fiancial Aid & Scholarships.


 

FINANCIAL AID TERMS YOU SHOULD KNOW:

Award letter: Your award letter basically outlines your financial aid package and will be posted on my.nmsu.edu. Click here for instructions on how to get your award letter.

Expected Family Contribution (EFC): This is the measure of your family's financial strength, and how much of your college costs it should plan to cover. This is calculated based on a specific formula, which considers taxed and untaxed income, assets, and benefits, as well as the size of your family and the number of family members attending college during the year. Your expected family contribution is calculated based on your FAFSA results. Click here for the EFC Formula.

FAFSA (Free Application for Federal Student Aid): You've probably heard of the FAFSA, but do you know what it is and just how important it can be for you and your family? Filling out the FAFSA is one of the first steps in the financial aid process, and determines the amount that you or your family will be contributing to your postsecondary education. The results of the FAFSA determine student grants, work-study, and loan amounts. We recommend that everyone fills out the FAFSA; it only takes about an hour to complete, and you may be surprised with the results. Click here to start your FAFSA now.

Federal student aid: The largest form of student aid in the country, federal aid programs come in the form of government grants, loans, and work-study assistance and are available to students at eligible postsecondary institutions (colleges, vocational schools, and graduate schools). Click here to learn more about federal student aid.

Financial need: This is the amount of a student's total cost of attendance that isn't covered by the expected family contribution or outside grants and scholarships. A student must demonstrate financial need to be eligible for need-based financial assistance programs.

Grants: Did someone say free money? Unlike loans, grants­­­­—which can come from the state or federal government, from the college itself, or from private sources—provide money for college that doesn't have to be paid back. We'll take this opportunity here to remind you again to fill out the FAFSA; many grants determine eligibility by looking at your FAFSA results.

Loans: If scholarships and grants don't cover the entire cost of your tuition, you may have to take out a student loan to make up the difference. Some federal student loans don't have to be paid while you're in college, and there are also a variety of loan forgiveness programs out there post-graduation. NOTE: you are responsible for repaying your student loans even if you file for bankruptcy.

Room and board: Everyone needs to sleep and eat. If you plan to do it on campus, those fees are part of your total cost of attendance.

Scholarships: There really isn't much difference between a scholarship and a grant, though the general consensus is that scholarships are primarily awarded for academic merit (good grades) or for something you have accomplished (volunteer work or a specific project); however, there are many need-based scholarships out there, as well. Like grants, scholarships don't have to be repaid.

Tuition: College tuition is the "sticker price" of your education, and does not include room and board, textbooks, or other fees. Colleges often calculate tuition based on the cost of one credit, or "unit." For example, a college may charge $350 per credit for an undergraduate class. Many times colleges will simplify this by providing a flat fee for tuition; you're often required to take a minimum amount of credits and cannot exceed a maximum amount of credits. "True cost" is a little misleading, since there are other costs on top of tuition.

Tuition reimbursement: Tuition reimbursement, also sometimes called "tuition assistance," is increasing in popularity. Some employers will refund you the cost of your tuition if you're studying a work-related area. Tuition reimbursement can cover as little as one or two courses, or can cover up to the entire cost of your education.

Work-study/work award: The Federal Work Study program provides funds to eligible students (see FAFSA above) for part-time employment to help finance the costs of postsecondary education. In most cases, the school or employer has to pay up to 50 percent of the student's wages, with the federal government covering the rest. You could be employed by the college itself; or by a federal, state, or local public agency; a private nonprofit organization; or a private for-profit organization.

U.S.News: by Scholarship America