American Rescue Plan

The federally funded American Rescue Plan (HEERF III) provides financial assistance to higher education institutions, as well as students. A total of $25,075,650 million was awarded to New Mexico State University for financial grants to students to assist with any component of their Cost of Attendance or for emergency cost that arise due to coronavirus. As of 9/30/2021 the entire $17,511,964 has been awarded. There were two rounds of awarding which are detailed below. 

Round 1

Students who were enrolled in at least 1 credit in the Spring or Summer 2021 semesters were eligible to receive these funds. Student had to apply for these funds and the application was open from 7/1/2021 thru 8/23/2021. Following the guidance of the Department of Education, NMSU prioritized all high needs students and the FAFSA was used to determine high need. All students having an EFC in the Pell eligible range (0 - 5711) were identified as high need. Students with an EFC ranging from 0 - 5711 were awarded $800 and students with an EFC that was greater than 5711 received $500. Students with incomplete FAFSA’s and rejected FAFSA’s were reviewed to make an EFC determination. If the EFC could be determined they were awarded based on the guidelines stated previously. If the EFC could not be determined they were awarded $500. Students without a FAFSA received $500. 

Estimated Number of Eligible Students at NMSU

21,305

Number of Students who have received Emergency Aid Grants

10,699

Round II

Students who were enrolled in at least 1 credit in the Fall 2021 semester were eligible to receive these funds. Student had to apply for these funds and the application has been open since 9/9/2021. Following the guidance of the Department of Education, NMSU prioritized all high needs students and the FAFSA was used to determine high need. All students having an EFC in the Pell eligible range (0 - 5846) were identified as high need. Students with an EFC ranging from 0 - 5846 were awarded $1,200 and students with an EFC that was greater than 5846 received $800. Students with incomplete FAFSA’s and rejected FAFSA’s were reviewed to make an EFC determination. If the EFC could be determined they were awarded based on the guidelines stated previously. If the EFC could not be determined they were awarded $800. Students without a FAFSA received $800. 

Estimated Number of Eligible Students at NMSU

20,574

Number of Students who have received Emergency Aid Grants

9,875

 

Last Updated: 11/9/2021

A total of $51,390,247 Million was awarded to New Mexico State University for costs associated with significant changes to the delivery of instruction due to COVID-19. Six major categories were identified based on guidance form the Department of Education; Student Support, Remote Learning Expansion, IT Capacity Expansion, Training for changes in Delivery of Instruction, Sanitization and Lost Revenue.

Budget Cares Act - Institutional $51,390,247.00
Student Support $8,240,619.95
Remote Learning Expansion $5,306,375.86
IT Capacity Expansion $1,474,716.17
Training for changes in Instruction Delivery $327,124.20
Sanitization $1,626,001.41
Lost Revenue  $10,736,459.57
Total Expenses through 10/31/21 $27,711,297.16


As needs are identified by departments the appropriate Business Manager will review requests and initiate the expenditures. Sponsored Projects Accounting will conduct a final compliance review to determine allowable expenses.

Cares MSI Funding
Budget Cares MSI $5,974,563.00
Total Expenditures MSI $1,727,091.28
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