Scholarships, Grants, and Loan Trends at CNM

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 10,925, which is 46.33 % of all undergraduate students. 2,757 students which is 11.00% of undergraduate students received federal student loans and the average loan amount is $3,849.
For full-time, first-time beginning students (freshmen), 84.00% of students received grants or scholarships and 10% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Central New Mexico Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 10,925, which is 46.33 % of all undergraduate students. 2,757 students which is 11.00% of undergraduate students received federal student loans and the average loan amount is $3,849.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1413,303 (46%)$4,84611,315 (39%)$4,7175,073 (18%)$4,684
2014-1511,630 (43%)$5,0719,705 (36%)$4,8543,508 (13%)$4,629
2015-1610,526 (41%)$4,7008,577 (33%)$4,5044,098 (16%)$3,586
2016-1710,045 (41%)$4,5587,983 (32%)$4,4673,530 (14%)$3,460
2017-189,024 (37%)$4,8517,102 (29%)$4,9862,617 (11%)$3,498
2018-198,958 (38%)$4,8586,849 (29%)$5,0751,508 (6%)$3,309
2019-208,905 (39%)$5,1236,191 (27%)$5,1171,552 (7%)$3,310
2020-2110,983 (51%)$3,6955,161 (24%)$5,1251,760 (8%)$4,039
2021-2214,949 (81%)$3,4354,869 (26%)$5,1131,167 (6%)$4,123
Average10,925 (46.33%)$4,5717,528 (30.56%)$4,8842,757 (11.00%)$3,849

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 1,698 (84.00 % of students) received grants or scholarships and its average amount is $4,666. It can cover 55.78% of tuition & fees ($8,366) based on out-of-state rate.
In addition, 200 (9.67 % of students) students get helped from the students loans (average amount : $3,311).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,140 (86%)$4,411337 (14%)$3,391
2014-151,627 (83%)$4,544189 (10%)$3,510
2015-161,574 (85%)$4,376206 (11%)$2,730
2016-171,904 (81%)$4,504280 (12%)$3,132
2017-181,567 (77%)$4,543223 (11%)$2,739
2018-191,823 (81%)$4,880173 (8%)$3,539
2019-201,826 (82%)$5,131182 (8%)$3,317
2020-211,387 (84%)$4,514134 (8%)$3,706
2021-221,432 (97%)$5,09580 (5%)$3,733
Average1,698 (84.00%)$4,666200 (9.67%)$3,311
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 1,173 (57.11 % of students) received Pell (federal) grants and its average amount is $5,015.
In addition, 1,389 students received State/local government grants/scholarships (68.22 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,609 (65%)$4,85095 (4%)$3841,691 (68%)$829363 (15%)$546
2014-151,212 (62%)$4,85287 (4%)$4951,410 (72%)$878259 (13%)$894
2015-161,120 (60%)$4,777149 (8%)$3291,381 (74%)$991179 (10%)$665
2016-171,402 (60%)$4,752184 (8%)$5901,647 (70%)$908531 (23%)$580
2017-181,135 (56%)$5,073340 (17%)$3761,416 (69%)$787285 (14%)$415
2018-191,320 (58%)$5,197329 (15%)$4711,557 (69%)$948603 (27%)$672
2019-201,237 (56%)$5,234783 (35%)$1,2461,338 (60%)$1,160761 (34%)$483
2020-21764 (46%)$5,221774 (47%)$5821,062 (64%)$1,460542 (33%)$502
2021-22757 (51%)$5,1831,395 (95%)$1,278998 (68%)$1,456386 (26%)$352
Average1,173 (57.11%)$5,015460 (25.89%)$6391,389 (68.22%)$1,046434 (21.67%)$568
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 200 (9.67 % of students) get any students loan help and its average loan amount is $200.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14337 (14%)$3,391336 (14%)$3,3252 (0%)$12,799
2014-15189 (10%)$3,510189 (10%)$3,3733 (0%)$8,651
2015-16206 (11%)$2,730204 (11%)$2,6493 (0%)$7,342
2016-17280 (12%)$3,132278 (12%)$3,0513 (0%)$9,607
2017-18223 (11%)$2,739220 (11%)$2,7173 (0%)$4,333
2018-19173 (8%)$3,539170 (8%)$3,3396 (0%)$7,455
2019-20182 (8%)$3,317181 (8%)$3,1903 (0%)$8,778
2020-21134 (8%)$3,706133 (8%)$3,5572 (0%)$11,750
2021-2280 (5%)$3,73380 (5%)$3,733--
Average200 (9.67%)$3,311199 (9.67%)$3,2153 (0.00%)$8,839
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