Financial aid is available to students enrolled at least half-time. All newly admitted and currently enrolled students applying for federal financial aid are required to file a Free Application for Federal Student Aid (FAFSA) form each year. This document becomes available on October 1st. Eligibility for financial aid is determined using a federal methodology formula as outlined by the U.S. Department of Education.
Students receiving federal financial aid are required to disclose all outside resources received on their behalf to the Financial Aid Office. These resources will be included and calculated as part of their financial aid award packet. To continue to receive financial aid, the student must make satisfactory academic progress, as defined by the academic policies, and must be enrolled at least half-time to qualify for federal aid.
Enrollment status is defined by the number of credit hours a student is enrolled in each quarter for purposes of loan deferments, aid eligibility or any other official certification. Enrollment information for each degree program is outlined on the Enrollment Status Defined page.
Satisfactory Academic Progress
To continue to receive financial aid, the student must make satisfactory academic progress, as defined by the academic policies, and must be enrolled at least half-time to qualify for federal aid. Financial Aid recipients are subject to both academic and financial aid satisfactory academic progress policies. For more information please refer to the Financial Aid Satisfactory Academic Progress Policy for your respective degree program:
Students receiving federal financial aid are required to disclose all outside resources received on their behalf to the Financial Aid Office. These resources will be included and calculated as part of their financial aid award packet.
The Financial Aid Office can advise the student about sources of financial aid and budgeting strategies. This office is available as a resource even after the student leaves the college. Alumni may contact the Financial Aid Office for information about confidential counseling on students’ debts and loan repayment, both by phone and e–mail. We want to provide you with clear and concise information about financial aid. This is a brief overview of federal financial aid programs available to eligible students at NUNM.
To be considered an “eligible student,” you must be a U.S. citizen or permanent resident and be enrolled at least half–time at the college. Students who attend NUNM on an F–1 Visa (foreign students) are not eligible to participate in federal student aid programs.
Change of Program Track & Adding/Dropping Courses – Effect on Financial Aid
Students receiving federal financial aid must provide their Student Status Change Form, program deviation paperwork or Add/Drop Form and schedule a meeting with the Financial Aid Office staff to discuss program changes that may affect their eligibility for financial aid. Students must continue to make satisfactory academic policies, and maintain at least half-time enrollment in required courses applicable to their program of enrollment to qualify for federal aid. Academic or elective credits not required for degree completion are ineligible for federal aid. All students with modified curriculum layouts are subject to cost of attendance budget revisions in order to align course load requirements with appropriate aid eligibility.