Does anybody know…
Assuming D is a NMF (should find out next week), she will be getting full tuition for 4 years where she has been accepted and likely attending. Does not include room and board. Her portal at the University now reveals a pending Pell Grant in addition to the NMSF award (20K NMSF plus $4980 Pell Grant). If she should receive the NMF award (30K/year to cover tuition), does she lose the Pell Grant, or can this be applied to room and board?
The Pell Grant is a federal entitlement. Some schools package the Pell into need need based awards. But for merit, your daughter should get the Pell in addition to any merit aid she receives.
If in doubt, ask the school directly.
Your D has made NMF…congrats. The rejection letters were sent out about 3 weeks ago…so your D has made it.
She gets PELL no matter what.
Besides, her award is only for full tuition…it’s not a full ride.
But even if it were a full ride, she’d still get the Pell because it’s an entitlement.
That said, how will she cover the other school costs? Room, board, books, fees, etc…will be a lot more than $5k.
@thumper1 and @mom2collegekids Thank you for your helpful replies. 
@mom2collegekids Correct…we still need an additional $6800 (approx) to cover the rest. We do have some savings and D will work over the summer to help out. But, can’t rest until I get that NMF confirmation…worried rejection letter is lost in mail!
Do you have a reason to believe that your D could be rejected? C’s on her report card? SAT too low (below 1960)? discipline problem at school? did she send her SAT scores to NMCorp?
@Ma1967
Is your D considering any schools that give a larger NMF award?
Edit to add…her SAT is great
Your child can’t be rejected arbitrarily. NMCorp only rejects for a legit reason…grades, SAT score, discipline problem, didn’t do the NMSF form, etc.
She meets all the criteria…qualifying SAT, 4.0 UW GPA, sent scores, etc. Just a nervous mom. 
I understand. 
She can take a Direct Loan of $5500 as a freshman which would leave a gap of $1300. Much more manageable.