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Dona Ana Community College Office of Financial Aid & Scholarships

FAFSA SCHOOL CODE: E00876


First-Time Student Loan Borrowers
- Disbursement Rules

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

Know when your student loan will disburse!


Financial Aid in the News

FSA Start Here Federal Student Aid Logo

Fixing the FAFSA, a Popular Idea, Makes Its Way to Congress - A two-question application for federal student aid-that's the premise behind legislation from two U.S. senators...

FAFSA 'On A Postcard' - simplify the federal student aid system...

Student Loan Rates Rise July 1 - Interest rates will be determined each spring for new loans made for the upcoming award year, which runs from July 1 - the following June 30. Each loan will have a fixed interest rate...

Federal vs. Private Student Loans -differences between federal student loans and private loans for undergraduate students...

Federal Student Loan Forgiveness Program - Obama's move to help students is not as forgiving as it seems...


 


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.


 

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.


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