Financial Aid at NMSU-Alamogordo
Financial Aid Amount Received
$4,953 (81.57% of tuition)
Percent of Financial Aid Received
41% of 1,088 students
425 undergraduate students (41% 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 average 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 $4,953 and the average loan amount is $5,770. The average financial aid amount is 81.57% 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 | 425 | 41% | $2,104,988 | $4,953 |
| Pell Grants | 272 | 26% | $1,240,467 | $4,561 |
| Federal Students Loans | 37 | 4% | $213,492 | $5,770 |
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), 88 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 $5,282 and the average amount of student loans awarded to full-time first-time undergraduate students is $2,671.
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 | 88 | 94% | - | - |
| Grant or scholarship aid | 88 | 94% | $464,844 | $5,282 |
| Federal Grants | 49 | 52% | $273,721 | $5,586 |
| Pell Grants | 49 | 52% | $271,321 | $5,537 |
| Other Federal Grants | 6 | 6% | $2,400 | $400 |
| State/Local Grants | 85 | 90% | $187,390 | $2,205 |
| Institutional Grants | 4 | 4% | $3,733 | $933 |
| Student Loans | 5 | 5% | $13,353 | $2,671 |
| Federal Student Loans | 5 | 5% | $13,353 | $2,671 |
| Other Student Loans | 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 | - | - | $376,934 | $7,693 |
| 0 - $30,000 | 30 | 30 | $250,880 | $8,363 |
| $30,001 - $48,000 | 13 | 13 | $98,730 | $7,595 |
| $48,001 - $75,000 | 5 | 5 | $24,169 | $4,834 |
| $75,001 - $110,000 | 1 | 1 | $3,155 | $3,155 |
| $110,001 - more | 0 | 0 | $0 | - |