Financial Aid at UNM
Financial Aid Amount Received
$12,854 (38.88% of tuition)
Percent of Financial Aid Received
87% of 17,450 students
13,927 undergraduate students (88% of all students) have received grants, scholarships, and/or federal student loans at University of New Mexico-Main Campus. The percentage of students who received financial aid much higher compared to Public, 4-Years Colleges in New Mexico.
Compared to similar schools in rankings such as University of Mississippi and Indiana University-Indianapolis, the percentage of students who received financial aid is much higher (the average of the schools is 60.20%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $11,962 and the average loan amount is $3,011. The average financial aid amount is 38.88% of tuition & fees based on out-of-state rate (tuition & fees: $33,060).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 13,927 | 88% | $166,597,464 | $11,962 |
| Pell Grants | 5,766 | 36% | $29,753,415 | $5,160 |
| Federal Students Loans | 6,820 | 43% | $20,534,282 | $3,011 |
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), 3,369 students have received one or more types of financial aid at University of New Mexico-Main Campus.
The average amount of federal, state, local or institutional grant aid is $12,252 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,395.
The following table shows the financial data by type of aid at University of New Mexico-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 | 3,376 | 100% | - | - |
| Grant or scholarship aid | 3,369 | 99% | $41,275,507 | $12,252 |
| Federal Grants | 1,367 | 40% | $7,967,262 | $5,828 |
| Pell Grants | 1,367 | 40% | $7,512,170 | $5,495 |
| Other Federal Grants | 190 | 6% | $455,092 | $2,395 |
| State/Local Grants | 2,738 | 81% | $23,667,665 | $8,644 |
| Institutional Grants | 2,520 | 74% | $9,640,580 | $3,826 |
| Student Loans | 649 | 19% | $4,150,383 | $6,395 |
| Federal Student Loans | 633 | 19% | $3,531,904 | $5,580 |
| Other Student Loans | 52 | 2% | $618,479 | $11,894 |
Financial Aid by Income Level
The following table summarizes the number of schools receiving financial aid and its average amount by income levels at University of New Mexico-Main Campus.
| Income Level | # of Students | # of Students Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| All Income Level | - | - | $6,532,554 | $3,495 |
| 0 - $30,000 | 519 | 514 | $3,666,645 | $7,065 |
| $30,001 - $48,000 | 382 | 369 | $2,049,229 | $5,364 |
| $48,001 - $75,000 | 309 | 223 | $737,457 | $2,387 |
| $75,001 - $110,000 | 233 | 26 | $68,571 | $294 |
| $110,001 - more | 426 | 2 | $10,652 | $25 |
Paid Tuition Rates by Residency
At University of New Mexico-Main Campus, for the first-time/full-time students, 2,634 students have paid in-state rate of tuition and 757 students have paid out-of-state tuition rate.
| # of Students | |
|---|---|
| In-District Rate | 0 |
| In-State Rate | 2,634 |
| Out-of-State Rate | 757 |
| Un-known | 0 |
Number of Students by Living Arrangement (Freshmen)
At University of New Mexico-Main Campus, 1,363 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 260 students live off-campus. In addition, 808 students live with their family.
| # of Students | |
|---|---|
| Living On-Campus | 1,363 |
| Living Off-Campus | 260 |
| Living with Family | 808 |
| Un-known | 201 |