IDA Checklist

Individual Development Accounts General Applicant Checklist

Are you enrolled at CNM for at least 6 credit hours?

  • Copy of your schedule.

Do you or someone in your household have earned income?

  • Current Paystub of someone in your household (within the last 30 days).

What is the total income of your household?

Include income from all members of your household. You need all of the items below:

  • Most recent IRS tax forms for all in household,
  • If no tax forms are available, the most recent 3 months of employment pay stubs for all
    household members.

How much is your household net worth?

Net worth cannot exceed $10,000. This excludes one house and one car. You need all of the following documents:

  • Current statements of all checking and savings and retirement accounts,
  • Current Kelley Bluebook value of ALL household vehicles.

Do you live in New Mexico?

You need ONE of the following:

  • Utility Bill
  • Tribal Registration Card
  • Rental/Lease Agreement
  • Voter Registration Card
  • Statement of New Mexico State Benefits

Are you a citizen?

You need ONE of the following documents. If you do not have one of these documents available, please let us know.

  • Tribal Registration Card
  • US Passport
  • Birth Certificate

How old are you?

You need ONE of the following documents:

  • State ID
  • Birth Certificate
  • Passport
  • Tribal Registration Card