Financial Aid at NMSU-Alamogordo
Financial Aid Amount Received
$4,927 (81.14% of tuition)
Percent of Financial Aid Received
35% of 1,032 students
327 undergraduate students (35% of all students) have received grants, scholarships, and/or federal student loans at New Mexico State University-Alamogordo. The percentage of students who received financial aid lower compared to Public, 2-4 Years Colleges in New Mexico.
Compared to similar schools in rankings such as University of New Mexico-Los Alamos Campus and Southeast New Mexico College, the percentage of students who received financial aid is extremely higher (the average of the schools is 21.67%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $4,927 and the average loan amount is $5,262. The average financial aid amount is 81.14% of tuition & fees based on out-of-state rate (tuition & fees: $6,072).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 327 | 35% | $1,611,151 | $4,927 |
| Pell Grants | 233 | 25% | $1,033,627 | $4,436 |
| Federal Students Loans | 30 | 3% | $157,862 | $5,262 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 64 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 $4,724 and the average amount of student loans awarded to full-time first-time undergraduate students is $1,732.
The following table shows the financial data by type of aid at New Mexico State University-Alamogordo.
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 | 64 | 88% | - | - |
| Grant or scholarship aid | 64 | 88% | $302,362 | $4,724 |
| Federal Grants | 34 | 47% | $184,459 | $5,425 |
| Pell Grants | 34 | 47% | $183,259 | $5,390 |
| Other Federal Grants | 2 | 3% | $1,200 | $600 |
| State/Local Grants | 61 | 84% | $112,287 | $1,841 |
| Institutional Grants | 6 | 8% | $5,616 | $936 |
| Student Loans | 2 | 3% | $3,464 | $1,732 |
| Federal Student Loans | 2 | 3% | $3,464 | $1,732 |
| Other Student Loans | 0 | 0% | $0 | $0 |
Financial Aid by Income Level
The following 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 | - | - | $242,712 | $7,139 |
| 0 - $30,000 | 21 | 21 | $155,436 | $7,402 |
| $30,001 - $48,000 | 6 | 6 | $43,866 | $7,311 |
| $48,001 - $75,000 | 7 | 7 | $43,410 | $6,201 |
| $75,001 - $110,000 | 0 | 0 | $0 | $0 |
| $110,001 - more | 0 | 0 | $0 | $0 |
Paid Tuition Rates by Residency
At New Mexico State University-Alamogordo, for the first-time/full-time students, 16 students have paid in-state rate of tuition and 2 students have paid out-of-state tuition rate. In addition, 55 students have paid in-district rate of tuition.
| # of Students | |
|---|---|
| In-District Rate | 55 |
| In-State Rate | 16 |
| Out-of-State Rate | 2 |
| Un-known | 0 |