Current Student FAQs
How do I apply for federal student aid?
Visit www.fafsa.ed.gov to complete the Free Application for Federal Student Aid (FAFSA), and ensure that our school code (002654) is added.
Is it too late to apply for the spring semester?
No, it isn’t too late to apply for financial aid. Just be aware that the funds may not be available in time to pay your bill by the due date
What is my student account?
Your student account lists tuition and fee charges, as well as room and board (if you live on-campus). Once you have registered, you can view your semester charges on BanWeb.
When is financial aid applied to my student account?
Your student account will be credited with financial aid the week before classes begin, provided that all items in BanWeb are satisfied and you are registered full-time.
When do I need to pay my balance?
The balance is due (or a payment plan must be set up) by the first day of class each semester. Please visit for instructions to set up a payment plan
What if my financial aid paperwork is not complete in time to pay the balance?
If your paperwork isn’t completed before classes begin, you will need to make other arrangements to pay the bill. If financial aid comes in later, it will first be applied to any remaining balance. Once the balance has been paid, any remaining funds would be refunded to the student.
If you plan to take out a student loan, Entrance Counseling and the Master Promissory Note must be completed at least a week before the start of the semester. These items should be completed online at www.studentloans.gov
My financial aid is more than what I owe to NMT. What happens to the excess funds?
A refund will automatically be created when there is a credit on your account. Refund checks are available Fridays during fall/spring semesters. Alternately, you can set up direct deposit via TouchNet to receive your refund.
Note: if your overage is less than $100, you will need to go to the cashier’s window to request it
What do I do with a scholarship check given to me by an outside organization?
Please bring any scholarship check that you receive (even if the check is payable to you) to the Financial Aid Office to be processed to your student account.
How do I receive the work-study amount listed on my financial aid award?
Work-study is earned throughout the semester based on the number of hours worked. Students are paid bi-weekly in the form of a paycheck
To find a work-study job, you can check with the Career Services Office, utilize their online database, or check with a department directly to see if they are hiring.
How do I apply for the Legislative Lottery Scholarship?
We automatically review every NM student’s eligibility for the Legislative Lottery Scholarship. If you think that you should be eligible and it is not reflected on your financial aid award, please contact Financial Aid.
The criteria to receive the scholarship are: be a NM resident, graduate from a NM high school or earn NM GED/HiSET, begin attendance at an NM public postsecondary school within 16 months following your high school graduation or GED/HiSET date, and earn at least 15 credits in the first semester with a semester GPA of 2.5 or higher
Are accommodations available for students with disabilities?
Students with documented disabilities may obtain a referral from the NMT Office of Student Access Services at NMT to be applied towards NMT and/or Legislative Lottery Scholarships. The student may be permitted to take as few as six credit hours and continue to receive scholarship funds
Stop by the Financial Aid Office on the 2nd floor of Fidel Center, give us a call at 575-835- 5333, or e-mail us at firstname.lastname@example.org.
Upcoming FAFSA Dates
|2023 FAFSA becomes available for completion||Oct. 1, 2022|
|FAFSA Completion for best consideration||March 1, 2023|
|Fall 2021 Admittance Deadline for Scholarship Consideration (Freshmen)||March 1, 2023|
|Fall 2021 Admittance Deadline for Scholarship Consideration (Transfer)||April 1, 2023|
Awards and Disbursements
Sophomore Year Research Program
The Sophomore Year Research Program will offer incoming first time freshmen students the chance for early research experiences with NMT faculty members during their sophomore year. The program will support a number of paid positions available to students entering New Mexico Tech in the fall of 2021. Students will carry out collaborative research projects with faculty mentors starting the fall semester of 2022. These positions will enable students to work closely with faculty for approximately 10 hours/week during their sophomore year. Students can expect to gain basic research skills, hands on experience, and one-on-one time with a faculty mentor. To see the advantages of research as an undergraduate please visit:
If selected into the program, students will be introduced to their faculty mentor at the beginning of the spring 2022 semester. The spring semester is an introductory period for the student and faculty member to become acquainted with each other and for the student to be introduced to the general research area.
Students will start their sophomore year as paid researchers, gaining valuable experience working on a collaborative project with their faculty mentor. Near the conclusion of their sophomore year, students will present the results of their research at the Student Research Symposium (SRS). For more information on the SRS, please visit: https://www.nmt.edu/srs/.
Application details will be provided in the Fall of 2021.
Contact Financial Aid
Office Hours: Monday - Friday 8 AM-5 PM
Location: Second floor of Fidel Center. Bear left at the top of the stairs; we are just past the Cashier's Office
New Mexico Tech - Financial Aid
801 Leroy Place
Socorro, NM 87801