Financial Aid at NMSU
Financial Aid Amount Received
$14,505 (57.32% of tuition)
Percent of Financial Aid Received
77% of 12,507 students
9,380 undergraduate students (81% of all students) have received grants, scholarships, and/or federal student loans at New Mexico State University-Main Campus. The percentage of students who received financial aid average compared to Public, 4-Years Colleges in New Mexico.
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $14,997 and the average loan amount is $5,385. The average financial aid amount is 57.32% of tuition & fees based on out-of-state rate (tuition & fees: $25,307).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 9,380 | 81% | $140,670,915 | $14,997 |
| Pell Grants | 4,671 | 40% | $24,953,312 | $5,342 |
| Federal Students Loans | 2,652 | 23% | $14,279,707 | $5,385 |
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), 2,232 students have received one or more types of financial aid at New Mexico State University-Main Campus.
The average amount of federal, state, local or institutional grant aid is $15,073 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,131.
The following table shows the financial data by type of aid at New Mexico State University-Main Campus.
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 | 2,241 | 98% | - | - |
| Grant or scholarship aid | 2,232 | 97% | $33,641,976 | $15,073 |
| Federal Grants | 1,112 | 49% | $6,339,606 | $5,701 |
| Pell Grants | 1,111 | 48% | $6,136,334 | $5,523 |
| Other Federal Grants | 224 | 10% | $203,272 | $907 |
| State/Local Grants | 1,635 | 71% | $12,648,658 | $7,736 |
| Institutional Grants | 1,683 | 73% | $14,653,712 | $8,707 |
| Student Loans | 616 | 27% | $3,160,980 | $5,131 |
| Federal Student Loans | 600 | 26% | $2,378,080 | $3,963 |
| Other Student Loans | 66 | 3% | $782,900 | $11,862 |
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-Main Campus.
| Income Level | # of Students | # of Students Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| All Income Level | - | - | $13,544,702 | $14,183 |
| 0 - $30,000 | 397 | 397 | $6,283,116 | $15,826 |
| $30,001 - $48,000 | 245 | 245 | $3,725,362 | $15,206 |
| $48,001 - $75,000 | 146 | 146 | $1,759,804 | $12,053 |
| $75,001 - $110,000 | 82 | 81 | $877,980 | $10,707 |
| $110,001 - more | 85 | 83 | $898,440 | $10,570 |
Paid Tuition Rates by Residency
At New Mexico State University-Main Campus, for the first-time/full-time students, 1,665 students have paid in-state rate of tuition and 624 students have paid out-of-state tuition rate.
| # of Students | |
|---|---|
| In-District Rate | 0 |
| In-State Rate | 1,665 |
| Out-of-State Rate | 624 |
| Un-known | 3 |
Number of Students by Living Arrangement (Freshmen)
At New Mexico State University-Main Campus, 850 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 291 students live off-campus. In addition, 422 students live with their family.
| # of Students | |
|---|---|
| Living On-Campus | 850 |
| Living Off-Campus | 291 |
| Living with Family | 422 |
| Un-known | 72 |