Financial Aid at New Mexico Junior

Financial Aid Amount Received

$2,353 (119.56% of tuition & fees)

Percent of Financial Aid Received

39% of 2,247 students

All Undergraduate Students Financial Aid

901 undergraduate students (39% of all students) have received grants, scholarship, and/or federal student loans at New Mexico Junior College. The percentage of students received financial aid higher compared to Public, 2-4 Years Colleges in New Mexico. Compare to similar schools in rankings such as University of New Mexico-Los Alamos Campus and New Mexico State University-Alamogordo, the percentage of students received financial aid is higher (the average of the schools is 43.40%).

The average amount of grants of scholarship aid is $2,353 and the average loan amount is $3,019. The average financial aid amount is 119.56% of tuition & fees based on out-of-state rate (tuition & fees: $1,968).

Undergraduate Financial Aid by Type

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or scholarship aid	901	39%	$2,120,350	$2,353
Pell Grants	625	27%	$1,497,460	$2,396
Federal Students Loans	121	5%	$365,303	$3,019

Undergraduate Student Financial Aid Comparison Chart

First-time Undergraduate Financial Aid by Type

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	201	64%	-	-
Grant or scholarship aid	201	64%	$612,321	$3,046
Federal Grants	173	55%	$421,334	$2,435
Pell Grants	165	53%	$415,656	$2,519
Other Federal Grants	8	3%	$5,678	$710
State/Local Grants	73	23%	$56,756	$777
Institutional Grants	81	26%	$134,231	$1,657
Student Loans	26	8%	$70,543	$2,713
Federal Student Loans	26	8%	$70,543	$2,713
Other Student Loans	0	0%	$0	$0

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (in most case freshmen), 201 students have received one or more types of financial aid at New Mexico Junior College.

The average amount of federal, state, local or institutional grant aid is $3,046 and the average amount of student loans awarded to full-time first-time undergraduate students is $2,713.

Next table shows the financial data by type of aid at New Mexico Junior College.

Financial Aid by Income Level

Next table summarizes the number of schools receiving financial aid and its average amount by income levels at New Mexico Junior College.

Income Level	# of Students	# of Students Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
All Income Level	-	-	$192,293	$2,434
0 - $30,000	43	22	$156,305	$3,635
$30,001 - $48,000	21	9	$21,063	$1,003
$48,001 - $75,000	15	3	$14,925	$995
$75,001 - $110,000	0	0	$0	$0
$110,001 - more	0	0	$0	$0