Regardless of which campus they attend, our students are at the core of NMSU’s mission and form the soul of its future.
Discovery may begin for students on our campuses but must extend out into the world.
The NMSU system aspires to offer opportunities to students who have earned them, regardless of their means. NMSU is also the best place to nurture the best students from across the state. The key to both of these aspirations is scholarships, and helping deserving students and attracting high achievers is limited only by the scholarship funding we can make available.
The scholarships NMSU offers (and could offer) reflect the passion of our donors to help different types of students by defining scholarship goals and recipient requirements. Current use scholarships fill an immediate need. Endowed scholarships provide needed funds forever. Whether endowed or current use, scholarships augment student resources and honor many types of students: high achievers, military veterans, underrepresented populations, and others. Imagine if at the end of this comprehensive campaign, NMSU could offer incoming, current and returning students new scholarships totaling $2 million each year, the effects would be truly transformational.
In-state, full-time tuition, books and fees at NMSU's 4-year Las Cruces campus approach $10,000 per year. Housing adds approximately $10,000, bringing the total in-state cost for an academic year to nearly $20,000. For out-of-state students, the cost tops $34,000.
An influx of $2 million in new scholarship funds each year would cover half of the tuition, fees and book costs for more than 400 new in-state students. Or it would provide a thousand new $2,000 scholarships across all the NMSU campuses. That amount, $2,000, is often the difference between a student staying in school or quitting. Gifts to scholarship funds allow financially vulnerable students to stay in school and finish their degrees, and make a world-class NMSU education available to many whose financial situations mean they cannot currently consider attending. According to the U.S. Department of Education, one-third of students who don’t earn a degree leave college due to financial considerations.
Top performing students from across New Mexico are eligible for President’s Associates Scholarships, which pay full tuition, fees and books and provide a stipend each semester for up to four years. Currently, the endowed and current use funds that feed PA Scholarships generate about half of what is required for the awards each year. President’s Associates Scholarships attract the best and brightest to NMSU and support for them ensures that what NMSU offers remains competitive with what other universities offer.
These exciting possibilities are why one of the goals of the comprehensive campaign is the creation of $50 million in new scholarship endowments. This would provide $2 million each year in perpetuity in new, game-changing scholarships—a true transformation!
As important as it is for the campus itself to provide a safe place for students to grow and thrive, it is equally important for the university to launch them out into the world, where they will bring to bear the fruits of their NMSU education.
To see the inner workings of a thriving corporation, to experience life in a foreign country, to help people in need—these are life-changing experiences.
Thus, another crucial aspect of student life that the comprehensive campaign will address is student involvement in the greater community and the broader world. Many more students could participate with additional funding: