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To ensure accuracy, CNM Financial Aid and Scholarship Services (FASS) requires that a student's financial aid file must be completed before a Financial Needs Analysis (FNA) form can be completed. This assures that Financial Aid and Scholarship Services is giving the most accurate information possible to the agency regarding the amount of aid the student has been awarded. The Scholarship Services office will not process any FNA form for students whose files are incomplete. All students with incomplete files will have their FNA form returned to them with the status noted on it.
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| I. | All FNA forms must be turned in to FASS. Part one of the FNA form must be completed and signed or it will be returned to the student. |
| A. | The FNA form must contain the student's signature, name address, social security number (or CNM generated ID number), and a phone number where they can be contacted. |
| B. | The FNA form must also contain the name, address, fax, and phone number of the Agency requesting it. Information is available at the FASS front desk. |
| C. | The FNA will be done only on CNM's form and not on individual agency forms. |
| II. | FASS will determine the student's need. The student's total expenses as defined by CNM will be subtracted from the total resources as defined by the Free Application for Federal Student Aid (FAFSA). This difference will equal the student's unmet need for the academic year. The FNA form will include all aid the student is currently awarded. |
| III. | FNA forms are based on the current academic year only (a breakdown of need by term is included). Updates for Agencies concerning student SAP status, current enrollment, new awards, and prior semester grades are the responsibility of the student. |
| IV. | The turn around time for completion of the FNA form is 48 hours (2 days) from the time the student turns in the FNA form and a completed file can be verified. |
| V. | A copy will be made by FASS for CNM's records and the original FNA form will be mailed to the Agency (or hand carried by the student at their request). A picture ID is required from those students requesting a copy of the FNA form. All forms not picked up within five working days will be mailed to the Agency. |
