The First Step for Financial Aid
The Free Application for Federal Student Aid (FAFSA) may be completed online at www.fafsa.gov. Mesalands Community College’s school code is 032063. This number must be entered on the FAFSA for the College to automatically receive a copy of the processed information. A paper application is also available.
The priority deadline for FAFSAs is March 31 for fall semester and October 31 for spring semester. By completing the FAFSA by the priority deadline students may be eligible for more financial aid monies awarded on a first come, first served basis.
FAFSA is used to determine eligibility for students for all federal student aid. Aid includes the Federal Pell Grant, the Federal Supplemental Educational Opportunity Grant and the Federal Work-study.
The College uses the information from the FAFSA to help determine eligibility for some State of New Mexico aid programs including the State Student Incentive Grant, College Affordability, and State Work-Study.
Most aid is awarded on the basis of a student’s individual need. A Cost of Attendance (COA) is calculated for students based on their residency status, living arrangements and enrollment status. A student’s Expected Family Contribution (EFC) is calculated by a federal methodology from the FAFSA application. Need is determined by subtracting the EFC from the COA.
COA EFC = Need
Any aid awarded to the student is used to meet that student’s need.