AIP and Bank of America Native American Leadership Scholarships (BOANALS)
The American Indian Program Scholarship is a small, supplemental scholarship to help reduce unmet financial need.
Determining Eligibility for Need-Based Aid
The Office of Student Financial Aid and Scholarship Services establishes a budget based on projections of what it will cost you to attend New Mexico State University for a year. Your resources will be subtracted from your budget. The amount of money that is not covered by your own resources is your need, sometimes referred to as your eligibility. In other words,
BUDGET – RESOURCES = ELIGIBILITY (NEED)
Many factors go into figuring a student’s resources when determining eligibility. Some elements in the calculation are the student’s savings, wage earnings and other sources of support (such as scholarships and veteran’s benefits), the income and assets of the student’s family, the number of family members and the number who are currently in college.
Many students receive a combination of different types of aid rather than just one kind. You may be given work-study, grant and loan money for the same year. If you qualify for multiple types of aid, your financial aid adviser at NMSU will assemble an aid package.
The process of attaining the AIP Scholarship is based on many factors that include need as presented above, a 2.0 cumulative and previous semester GPA, a complete FAFSA on file with Financial Aid, a complete profile on ScholarDollar$ for the academic year, and most importantly participation in the American Indian Program.
Bank of America Native American Leadership Scholarship
The American Indian Program is also able to offer a supplemental merit scholarship, in cooperation with the Bank of America, called the Bank of America Native American Leadership (BOANAL) Scholarship.
The purpose of the BOANAL Scholarship is to recognize students for their current leadership roles in assisting the American Indian Program in various volunteer service/support capacities as well as legitimately fulfilling the officer duties of a leadership position(s) within AISES, NABSA, and UNAO, or in another leadership position that advances and supports the American Indian student experience on campus.
Spring 2015 BOANALS Application
Application review process takes 2 – 3 weeks:
- Applications will be announced when the scholarship is available.
- Completely fill out the application, incomplete applications will not be accepted.
- Turn in your application before the deadline, late applications will not be accepted.
- Registering with Scholar Dollar$ is a part of the process.
- Notification will be sent via NMSU E-mail system. Be sure to check your NMSU E-mail account.
- Just as a reminder, submitting an application does not guarantee a scholarship award.
If you have questions or need more information regarding this scholarship, please feel free to contact the American Indian Program.