Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $7,120 and the average loan amount is $5,748. The average financial aid amount is 101.02% of tuition & fees based on out-of-state rate (tuition & fees: $7,048).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid813 71%$5,788,181$7,120
Pell Grants397 34%$2,210,040$5,567
Federal Students Loans211 18%$1,212,933$5,748

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), 164 students have received one or more types of financial aid at Otero College.
The average amount of federal, state, local or institutional grant aid is $9,132 and the average amount of student loans awarded to full-time first-time undergraduate students is $4,604.
The following table shows the financial data by type of aid at Otero College.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid16499%--
Grant or scholarship aid164 99%$1,497,650$9,132
Federal Grants161 98%$641,390$3,984
Pell Grants72 44%$410,240$5,698
Other Federal Grants161 98%$231,150$1,436
State/Local Grants58 35%$90,400$1,559
Institutional Grants149 90%$765,860$5,140
Student Loans41 25%$188,750$4,604
Federal Student Loans41 25%$188,750$4,604
Other Student Loans0 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 Otero College.
Income Level# of Students# of Students Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
All Income Level--$522,245$7,795
0 - $30,00026 26$251,770$9,683
$30,001 - $48,00017 17$158,015$9,295
$48,001 - $75,0009 9$54,070$6,008
$75,001 - $110,00010 9$39,590$3,959
$110,001 - more5 5$18,800$3,760

Paid Tuition Rates by Residency

At Otero College, for the first-time/full-time students, 103 students have paid in-state rate of tuition and 62 students have paid out-of-state tuition rate.
# of Students
In-District Rate0
In-State Rate103
Out-of-State Rate62
Un-known0

Number of Students by Living Arrangement (Freshmen)

At Otero College, 74 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 7 students live off-campus. In addition, 7 students live with their family.
# of Students
Living On-Campus74
Living Off-Campus7
Living with Family7
Un-known15