Financial Aid at Northern New Mexico

Financial Aid Amount Received

$4,606 (32.15% of tuition)

Percent of Financial Aid Received

77% of 1,154 students

876 undergraduate students (77% of all students) have received grants, scholarships, and/or federal student loans at Northern New Mexico College. 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 $4,606 and the average loan amount is $5,587. The average financial aid amount is 32.15% of tuition & fees based on out-of-state rate (tuition & fees: $14,328).

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or scholarship aid	876	77%	$4,034,451	$4,606
Pell Grants	409	36%	$1,869,719	$4,571
Federal Students Loans	51	4%	$284,914	$5,587

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), 96 students have received one or more types of financial aid at Northern New Mexico College.

The average amount of federal, state, local or institutional grant aid is $7,267 and the average amount of student loans awarded to full-time first-time undergraduate students is $4,082.

The following table shows the financial data by type of aid at Northern New Mexico College.

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	96	99%	-	-
Grant or scholarship aid	96	99%	$697,625	$7,267
Federal Grants	96	99%	$575,027	$5,990
Pell Grants	66	68%	$329,379	$4,991
Other Federal Grants	96	99%	$245,648	$2,559
State/Local Grants	59	61%	$107,968	$1,830
Institutional Grants	18	19%	$14,630	$813
Student Loans	2	2%	$8,164	$4,082
Federal Student Loans	2	2%	$8,164	$4,082
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 Northern New Mexico College.

Income Level	# of Students	# of Students Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
All Income Level	-	-	$430,938	$6,529
0 - $30,000	41	41	$286,658	$6,992
$30,001 - $48,000	15	15	$103,260	$6,884
$48,001 - $75,000	9	9	$40,520	$4,502
$75,001 - $110,000	0	0	$0	$0
$110,001 - more	1	1	$500	$500

Paid Tuition Rates by Residency

At Northern New Mexico College, for the first-time/full-time students, 95 students have paid in-state rate of tuition and 1 students have paid out-of-state tuition rate.