Financial Aid at Northern New Mexico

Financial Aid Amount Received

$7,734 (53.98% of tuition)

Percent of Financial Aid Received

65% of 1,154 students

751 undergraduate students (65% 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 $7,734 and the average loan amount is $5,364. The average financial aid amount is 53.98% 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	751	65%	$5,807,883	$7,734
Pell Grants	410	36%	$2,028,418	$4,947
Federal Students Loans	38	3%	$203,826	$5,364

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), 115 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 $10,169 and the average amount of student loans awarded to full-time first-time undergraduate students is $2,771.

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	115	100%	-	-
Grant or scholarship aid	115	100%	$1,169,492	$10,169
Federal Grants	81	70%	$445,936	$5,505
Pell Grants	81	70%	$435,420	$5,376
Other Federal Grants	11	10%	$10,516	$956
State/Local Grants	115	100%	$702,556	$6,109
Institutional Grants	31	27%	$21,000	$677
Student Loans	5	4%	$13,857	$2,771
Federal Student Loans	5	4%	$13,857	$2,771
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 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	-	-	$935,808	$12,313
0 - $30,000	39	39	$490,313	$12,572
$30,001 - $48,000	23	23	$295,787	$12,860
$48,001 - $75,000	14	14	$149,708	$10,693
$75,001 - $110,000	0	0	$0	-
$110,001 - more	0	0	$0	-

Paid Tuition Rates by Residency

At Northern New Mexico College, for the first-time/full-time students, 108 students have paid in-state rate of tuition and 7 students have paid out-of-state tuition rate.