Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $7,781 and the average loan amount is $5,660. The average financial aid amount is 110.40% 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 aid592 59%$4,606,451$7,781
Pell Grants342 34%$2,052,116$6,000
Federal Students Loans175 18%$990,478$5,660

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), 158 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 $9,002 and the average amount of student loans awarded to full-time first-time undergraduate students is $4,742.
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 Aid16197%--
Grant or scholarship aid158 95%$1,422,301$9,002
Federal Grants74 45%$438,032$5,919
Pell Grants74 45%$436,832$5,903
Other Federal Grants8 5%$1,200$150
State/Local Grants68 41%$133,200$1,959
Institutional Grants140 84%$851,069$6,079
Student Loans47 28%$222,853$4,742
Federal Student Loans47 28%$222,853$4,742
Other Student Loans0 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--$763,014$9,084
0 - $30,00029 29$274,508$9,466
$30,001 - $48,00025 25$305,515$12,221
$48,001 - $75,00015 15$108,740$7,249
$75,001 - $110,0005 4$26,651$5,330
$110,001 - more10 8$47,600$4,760

Paid Tuition Rates by Residency

At Otero College, for the first-time/full-time students, 120 students have paid in-state rate of tuition and 46 students have paid out-of-state tuition rate.
# of Students
In-District Rate0
In-State Rate120
Out-of-State Rate46
Un-known0

Number of Students by Living Arrangement (Freshmen)

At Otero College, 77 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 21 students live off-campus. In addition, 14 students live with their family.
# of Students
Living On-Campus77
Living Off-Campus21
Living with Family14
Un-known0