Your Rights

You have the right to know. . .

• what financial aid programs are available at NMHU.
• the deadlines for submitting applications for each of the programs.
• how financial aid is distributed, how decisions on distributions are made, and the bases for these decisions.
• how your financial need was determined (costs for tuition and fees, room and board, books and supplies, transportation, personal, and miscellaneous expenses are considered in your budget).
• what resources (your current assets, parental contribution, other financial aid, etc.) are considered in the calculation of your need.
• how much of your financial aid, as determined by NMHU, has been met.
• the details of the various programs in your student aid package.
• NMHU's refund policy.
• what portion of the financial aid you receive must be repaid and what portion is grant aid. If the aid is a loan, you have the right to know the interest rate, the total amount that must be repaid, the payback procedures, the length of time you have to repay the loan, and when repayment is to begin.
• how NMHU determines if you are making satisfactory academic progress and what happens if you are not.

Your Responsibilities

In accepting your responsibilities, you must. . .

• complete all application forms accurately and submit them on time to the proper place.
• provide correct information. In most instances, misreporting information on financial aid applications could result in indictment under the U.S. Criminal Code.
• return all additional documentation, verification, corrections, and/or new information requested by either the Financial Aid Office or the agency to which you submitted your application.
• be responsible for reading and understanding all forms you sign. Keep copies.
• live up to all agreements you sign.
• perform the work agreed upon when accepting work study awards.
• be aware of and comply with deadlines.
• be aware of NMHU's refund procedures.
• report all changes in name, address, telephone number, and enrollment status to the Financial Aid Office and Registrars Office.

Procedures | Important Dates | Estimated Costs for NMHU | Your Rights & Responsibilities | Maintaining Your Financial Aid | Ways to Avoid Stress in Obtaining Financial Aid | FAFSA | Grants | Loans | Scholarships | Work Study

A Financial Aid Package is prepared for you after all components of your application are reviewed by a Financial Aid Advisor. Your package may be different from another’s as the Financial Aid process is individualized based on your particular living and financial circumstances; our office will insure you have a Financial Aid Package that best fits your situation. Once the semester is underway and you are registered for all you classes; the awards in your financial aid package will be credited to your Student Account in the Business Office to offset the charges of tuition, fees, on-campus housing, and other charges (i.e. Bookstore charges). Amounts that exceed your charges will be reimbursed to you.  Use these funds wisely, as they are intended to help you for the duration of the semester. Plan a budget ahead of time.

Applying for Financial Aid is simply a matter of accurately completing forms and getting paperwork submitted. You can get help with this process, so do not let the application forms scare you away.

Remember also, that the process is largely created through paperwork. Therefore, you should keep copies of everything you send or deliver, as well as records of any relevant dates. Do not give the Financial Aid Office original income tax forms or other important documents. Make copies and have the copies dated by the Financial Aid Office in order to ensure that materials have been received.