财政援助资源 & 常见问题

Getting ready for college or a career school can be easier than you think. Start by defining your goals 和 interests, 了解大学费用, 和 planning financially 和 academically. 看一下 联邦学生援助网站 了解更多信息. 

Financial literacy is underst和ing how to manage personal finances 和 money. Knowing how it works 和 how to budget 和 borrow can help students make better financial decisions. 

The following articles provide easy-to-underst和 information on financial wellness. Use the information to create budgets, plan expenses while in college, 和 control costs. 

Best Credit Cards for Students of September 2023 
Best Private 学生贷款 of September 2023 
Best Student Loan Refinance Lenders of September 2023 

A budget is a guide that keeps you on the path to reaching your financial goals. Budgeting controls your finances, shows when you need to adjust your spending, 和 helps you decide where your money goes instead of wondering where it all went. 

Creating a budget may sound complicated, but all you need to do to get started is set aside time 和 get organized - the benefits will make the effort worthwhile. The following steps will help you set up your budget 和 manage your finances by helping you track your income 和 expenses. 

1. Determine a time span for your budget
2. Choose a tool to help you manage your budget
3. 回顾你的月收入
4. Identify 和 categorize your expenses
5. 为紧急情况而存钱
6. 平衡预算
7. Maintain 和 update your budget

For additional information, please take a look at the following links: 

• How to h和le your finances 和 student aid while you’re in school 
• 预算建议 

Most students use federal loans to help finance their studies, 和 some may turn to private loans. Taking out a loan is an important financial decision that can affect a student for years to come. It is critical for students to underst和 their loan options 和 associated responsibilities in order to make good borrowing decisions. 

For additional information, please take a look at the following links: 

• 学生贷款 
• A Guide to Smart Borrowing Strategies for Higher 教育 

Although you may select or be assigned a repayment plan when you first begin repaying your student loan, you can change repayment plans at any time - for free. 

联系你的 贷款服务机构 if you would like to discuss repayment plan options or change your repayment plan. You can get information about all of the federal student loans you have received 和 find the 贷款服务机构 for your loans by logging in to 我的联邦学生资助.

A cohort default rate is the percentage of a school's borrowers in the U.S. who enter repayment on certain loans during a federal fiscal year (October 1 to September 30) 和 default prior to the end of the next one to two fiscal years. 美国nited States Department of 教育 (ED) releases official cohort default rates once per year.

Important Note: Some schools have a small number of borrowers entering repayment. Other schools have only a small portion of the student body taking out student loans. 在这种情况下, the cohort default rate should be interpreted cautiously, as these rates may not reflect the entire school population.

Our most current 队列违约率: 3.2019财年3%

历史角度看:

FY2018 – 12.7%

FY2017 – 14.1%

FY2016 – 15.9%

FY2015 - 18.4%

FY2014 – 20.5%

FY2013 – 20.6%

FY2012 – 22.6%

FY2011 – 22.7%

The national cohort default rate (CDR) for federal student loans that entered repayment in fiscal year (FY) 2019 dropped significantly, 降至2.7% 3%.3% for loans that entered repayment in FY 2018, according to data released by the Department of 教育 (ED) Monday, 10/5/22.

Our basic eligibility requirements are that you must:

• Demonstrating financial need (for most programs)
• 做一个U.S. 公民还是 符合条件的非公民
• Have a valid Social Security number (with the exception of students from the Republic of the Marshall Isl和s, Federated States of Micronesia, 或帕劳共和国)
• Be enrolled or accepted for enrollment as a regular student in an eligible degree or certificate program
• Be enrolled at least half-time (6 credits) to be eligible for 直接贷款 Program funds
• Maintain Satisfactory Academic Progress in college 和 career school
• Sign the certification statement on the Free Application for Federal Student 援助 (FAFSA) stating that: 
  
  • you are not in default on a federal student loan 和 do not owe money on a federal student grant, 和 
  • you will use federal student aid only for educational purposes 和
  • Show you're qualified to obtain a college or career school education by:
    
    • Having a high school diploma or a recognized equivalent such as a General 教育al Development (GED) certificate. 
    • Completing a high school education in a homeschool setting approved under state law (or- if state law does not require a homeschooled student to obtain a completion credential - completing a high school education in a homeschool setting that qualifies as an exemption from compulsory attendance requirements under state law); or 
    • Enrolling in an eligible career pathway program 和 meeting one of the "ability-to-benefit" alternatives.

美国.S. Department of 教育 has rules for financial aid eligibility. For 金融援助 funding purposes, courses must be required for graduation 和 be part of the student's academic program to receive financial aid. 

Students cannot be funded for courses that are not part of their program evaluation just to increase the amount of financial aid. The college's computer system interacts with the program evaluation regarding what courses are required 和 will base the amount of financial aid only on those courses. A student may be enrolled in nine credit hours, but if a three-credit hour course is not required for the declared program, the computer will calculate aid on six credit hours only.

专业变更, 目录年份变更, 和 course requirement substitutions must be made by Friday of the first week of the semester to be recognized for financial aid purposes for the current semester. 

It is the student's responsibility to know what courses are required for the declared academic program. To view your declared program 和 required classes, students can look at their degree audit on Self-Service. 

If you have any questions as to what classes are required for your major, it is imperative that you consult with your academic advisor, a success coach in the Student Achievement Center, 或者你的核心顾问. 

View 金融援助 消费者信息 Disclosures

Grants 和 Scholarship amounts in excess of tuition 和 book charges must be reported as income on your tax return. SJC 业务 Office will send you a 1098T form at the end of the year reflecting this information. Loans are not required to be reported. Work-study earnings should be reported on your income taxes if you are required to file. 访问 with a Tax consultant for any additional questions you may have.

是的. Federal regulations require that students adhere to satisfactory academic progress st和ards in pursuing their degree or certificate. For detailed information on 太阳集团娱乐场登陆网站’s Satisfactory Academic Progress policy, please check Student Academic Progress (SAP).

是的! It is extremely important that you notify our office as soon as possible if you receive funding from any source other than our office. We must take into consideration all sources of assistance you receive. 例子包括, 但不限于, WIA (Workforce Investment Act), VA (Veterans benefits) tuition waivers, 奖学金, 美国服务队拨款, 等. These types of assistance affect your eligibility for financial aid. Unreported aid could result in an over-award, which you must repay.

You will complete the scholarship application 和 submit it to the respective tribal scholarship office or organization. The 金融援助 Office will only complete the Financial Need Analysis forms.

You may be required to pay back some of the financial aid you received. 太阳集团娱乐场登陆网站 will notify you – by mail – of the amount you must repay. 查看…信息 Student Withdrawal Return of Title IV Funds. 如果你收到了一笔贷款，那么 出口咨询 也必须完成.

Scholarship funds are credited to student accounts after they have been received.

The 金融援助 Office h和les Native American 奖学金.

Your financial need has been met, 和 a portion of your entire award was returned.

If you are in default with federal direct loans, you are no longer eligible for federal student aid. You must first resolve the default in order to be considered eligible again. If you are in default, please contact the 默认解析组 或1-800-621-3115查询.

是的! The Master Promissory Note or MPN is the binding legal document you sign when you apply for a student loan. It lists the conditions under which you are borrowing 和 the terms under which you agree to pay back the loan. It includes information on how interest is calculated 和 what the deferment 和 cancellation provisions are. It is very important to read 和 save this document because you will need to refer to it later when you begin repaying your loan. To open the site, you should electronically complete 和 sign your MPN using your FSA ID. NOTE: It is important that you read through everything on the MPN site, 点击所有的url和框, scroll completely to the bottom of pop-up document windows, 和 click on the blue bars in order to successfully complete the MPN.

太阳集团娱乐场登陆网站 participates in the 直接贷款 Program. This program includes Stafford subsidized, Stafford unsubsidized, 和 PLUS loans. Subsidized means the government pays the interest while you’re enrolled at least half-time 和 for up to 6 months after you are no longer enrolled at least half-time. Unsubsidized means you are responsible for the interest, effective the date the loan credits to your 太阳集团娱乐场登陆网站 account.

PLUS贷款是母公司贷款. 父母 are responsible for the interest on PLUS loans. 他们没有补贴. Nursing student loans are federal loans awarded to students enrolled in the College of Nursing.

When you complete your FAFSA, check that you are interested in loans to question 31 on the FAFSA. 然而, even if you do not check that you are interested, you may still request a loan when you need it.

Please see our student loans webpage for detailed steps on applying for a loan.

You will need to complete the following five steps:

1. Review your current loan history on the National Student Loan Database System (NSLDS).
2. Read information on the 网站 about student loans.
3. Complete the online 直接贷款 Entrance 咨询 Session.
4. Complete the online 直接贷款 Master Promissory Note (MPN).
5. Complete 和 submit a Loan Request Form to the SJC 金融援助 Office.

Once our office has received ALL your 金融援助 Application forms, the processing & awarding of your requested loan will begin.

入学咨询期间, the borrower is reminded of the seriousness of taking out a loan, 条款和条件, 还款义务, 和 the consequences of defaulting on a loan. All borrowers of a Federal Stafford Loan must complete entrance counseling before they’re given their first disbursement of the loan. Entrance counseling needs to be completed online at the 直接贷款 网站.

When a loan borrower graduates, withdraws or drops below half-time status, he/she must complete 出口咨询. 在退出咨询期间, the repayment terms 和 conditions of the loan repayment are reviewed, along with debt management strategies. Exit counseling needs to be completed online at the 直接贷款 网站.

No, the eligibility for this scholarship is determined by college GPA. 

The amount of tuition covered by the scholarship will vary by institution. Please contact the institution that you plan to attend to find out what amount of tuition will be covered by this scholarship. 

是的, you may be eligible for other financial aid programs. The 金融援助 Division encourages all students to complete a Free Application for Federal Student 援助 (FAFSA).

No, the Lottery Scholarship applies only to tuition costs. 

To establish eligibility for the scholarship, students must enter college within sixteen months after graduating from high school or completing a high school equivalency credential. 

Students who enter the military within four months of high school completion may establish eligibility within sixteen months of completion of honorable service or medical discharge. 

No, the scholarship may only be received at a public post-secondary educational institution within New Mexico. 

是的, to establish eligibility for the Legislative Lottery Scholarship first attendance must be at a qualifying New Mexico public post-secondary educational institution.