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 AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid901 39%$2,120,350$2,353
Pell Grants625 27%$1,497,460$2,396
Federal Students Loans121 5%$365,303$3,019
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Undergraduate Student Financial Aid Comparison Chart

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid20164%--
Grant or scholarship aid201 64%$612,321$3,046
Federal Grants173 55%$421,334$2,435
Pell Grants165 53%$415,656$2,519
Other Federal Grants8 3%$5,678$710
State/Local Grants73 23%$56,756$777
Institutional Grants81 26%$134,231$1,657
Student Loans26 8%$70,543$2,713
Federal Student Loans26 8%$70,543$2,713
Other Student Loans0 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 AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
All Income Level--$192,293$2,434
0 - $30,00043 22$156,305$3,635
$30,001 - $48,00021 9$21,063$1,003
$48,001 - $75,00015 3$14,925$995
$75,001 - $110,0000 0$0$0
$110,001 - more0 0$0$0

Paid Tuition Rates by Residency

# of Students
In-District Rate172
In-State Rate27
Out-of-State Rate113
Un-known0

Number of Students by Living Arrangment (Freshmen)

# of Students
Living On-Campus33
Living Off-Campus44
Living with Family49
Un-known5
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