How New Mexico Highlands's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at New Mexico Highlands University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,548, which is 79.56 % of all undergraduate students. 798 students which is 41.00% of undergraduate students received federal student loans and the average loan amount is $6,097.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,643 (69%)	$4,924	1,261 (53%)	$4,293	902 (38%)	$5,156
2014-15	1,568 (69%)	$6,001	1,225 (54%)	$4,651	881 (39%)	$6,109
2015-16	1,528 (68%)	$5,758	1,169 (52%)	$4,096	805 (36%)	$6,124
2016-17	1,765 (83%)	$3,961	1,431 (67%)	$2,462	1,055 (50%)	$4,681
2017-18	1,338 (69%)	$7,329	1,021 (53%)	$5,400	604 (31%)	$6,260
2018-19	1,357 (73%)	$7,135	953 (51%)	$5,428	575 (31%)	$6,081
2019-20	1,491 (85%)	$7,386	946 (54%)	$5,522	499 (29%)	$5,884
2020-21	1,702 (100%)	$6,101	967 (57%)	$4,314	919 (54%)	$8,052
2021-22	1,541 (100%)	$8,211	774 (50%)	$5,491	938 (61%)	$6,525
Average	1,548 (79.56%)	$6,312	1,083 (54.56%)	$4,629	798 (41.00%)	$6,097

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

Overview

For the last 10 years, on average, 244 (93.22 % of students) received grants or scholarships and its average amount is $7,777. It can cover 63.85% of tuition & fees ($12,180) based on out-of-state rate.

In addition, 94 (36.78 % of students) students get helped from the students loans (average amount : $4,562).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	313 (90%)	$6,657	131 (38%)	$5,083
2014-15	262 (95%)	$9,245	112 (41%)	$4,462
2015-16	287 (96%)	$9,275	107 (36%)	$4,990
2016-17	243 (78%)	$4,588	134 (43%)	$2,252
2017-18	240 (94%)	$7,512	58 (23%)	$5,158
2018-19	257 (92%)	$7,532	80 (29%)	$4,911
2019-20	259 (94%)	$8,248	81 (29%)	$5,051
2020-21	187 (100%)	$7,842	38 (20%)	$4,622
2021-22	146 (100%)	$9,093	105 (72%)	$4,527
Average	244 (93.22%)	$7,777	94 (36.78%)	$4,562

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 159 (60.11 % of students) received Pell (federal) grants and its average amount is $4,677.

In addition, 161 students received State/local government grants/scholarships (59.44 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	201 (58%)	$4,238	86 (25%)	$937	216 (62%)	$3,117	232 (66%)	$2,059
2014-15	160 (58%)	$4,619	70 (25%)	$1,014	232 (84%)	$5,710	121 (44%)	$2,375
2015-16	181 (61%)	$4,289	49 (16%)	$1,171	204 (68%)	$6,676	175 (59%)	$2,664
2016-17	195 (63%)	$2,487	35 (11%)	$643	147 (47%)	$932	162 (52%)	$2,904
2017-18	170 (67%)	$5,026	39 (15%)	$817	119 (47%)	$1,505	207 (81%)	$3,563
2018-19	168 (60%)	$5,186	71 (25%)	$451	175 (63%)	$1,425	202 (72%)	$3,876
2019-20	171 (62%)	$5,285	222 (81%)	$658	188 (68%)	$1,745	223 (81%)	$3,401
2020-21	109 (58%)	$5,640	187 (100%)	$488	108 (58%)	$1,644	150 (80%)	$3,885
2021-22	79 (54%)	$5,326	36 (25%)	$2,836	56 (38%)	$2,916	118 (81%)	$5,436
Average	159 (60.11%)	$4,677	88 (35.89%)	$1,002	161 (59.44%)	$2,852	177 (68.44%)	$3,351

^*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..

Student Loans

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, 94 (36.78 % of students) get any students loan help and its average loan amount is $94.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	131 (38%)	$5,083	129 (37%)	$4,772	5 (1%)	$10,050
2014-15	112 (41%)	$4,462	110 (40%)	$4,109	5 (2%)	$9,560
2015-16	107 (36%)	$4,990	107 (36%)	$4,401	8 (3%)	$7,876
2016-17	134 (43%)	$2,252	130 (42%)	$2,189	4 (1%)	$4,301
2017-18	58 (23%)	$5,158	53 (21%)	$4,495	7 (3%)	$8,704
2018-19	80 (29%)	$4,911	78 (28%)	$4,342	5 (2%)	$10,844
2019-20	81 (29%)	$5,051	73 (27%)	$4,031	9 (3%)	$12,768
2020-21	38 (20%)	$4,622	36 (19%)	$4,096	3 (2%)	$9,394
2021-22	105 (72%)	$4,527	103 (71%)	$4,397	2 (1%)	$11,205
Average	94 (36.78%)	$4,562	91 (35.67%)	$4,092	5 (2.00%)	$9,411