Financial Aid at NMSU-Alamogordo

Financial Aid Amount Received

$6,123 (113.90% of tuition & fees)

Percent of Financial Aid Received

53% of 1,636 students

All Undergraduate Students Financial Aid

899 undergraduate students (53% of all students) have received grants, scholarship, and/or federal student loans at New Mexico State University-Alamogordo. The percentage of students received financial aid very higher compared to Public, 2-4 Years Colleges in New Mexico. Compare to similar schools in rankings such as New Mexico Junior College and University of New Mexico-Los Alamos Campus, the percentage of students received financial aid is very higher (the average of the schools is 40.60%).

The average amount of grants of scholarship aid is $6,123 and the average loan amount is $3,386. The average financial aid amount is 113.90% of tuition & fees based on out-of-state rate (tuition & fees: $5,376).

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	899	53%	$5,504,909	$6,123
Pell Grants	684	40%	$3,333,054	$4,873
Federal Students Loans	304	18%	$1,029,291	$3,386

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	124	98%	-	-
Grant or scholarship aid	123	97%	$527,086	$4,285
Federal Grants	74	58%	$386,359	$5,221
Pell Grants	74	58%	$381,559	$5,156
Other Federal Grants	8	6%	$4,800	$600
State/Local Grants	111	87%	$65,891	$594
Institutional Grants	69	54%	$74,836	$1,085
Student Loans	9	7%	$26,718	$2,969
Federal Student Loans	9	7%	$26,718	$2,969
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), 123 students have received one or more types of financial aid at New Mexico State University-Alamogordo.

The average amount of federal, state, local or institutional grant aid is $4,285 and the average amount of student loans awarded to full-time first-time undergraduate students is $2,969.

Next table shows the financial data by type of aid at New Mexico State University-Alamogordo.

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 State University-Alamogordo.

Income Level	# of Students	# of Students Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
All Income Level	-	-	$450,773	$6,261
0 - $30,000	47	47	$322,635	$6,865
$30,001 - $48,000	14	14	$77,376	$5,527
$48,001 - $75,000	11	11	$50,762	$4,615
$75,001 - $110,000	0	0	$0	$0
$110,001 - more	0	0	$0	$0