How New Mexico Junior'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 Junior College since 2013.

For that period, the average number of students who received grants aid/scholarships is 877, which is 38.00 % of all undergraduate students. 126 students which is 5.22% of undergraduate students received federal student loans and the average loan amount is $2,749.

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	720 (28%)	$2,798	655 (26%)	$2,225	296 (12%)	$1,882
2014-15	958 (29%)	$2,489	560 (17%)	$2,274	119 (4%)	$2,850
2015-16	902 (30%)	$2,632	541 (18%)	$2,261	122 (4%)	$2,918
2016-17	925 (35%)	$2,266	621 (23%)	$2,230	141 (5%)	$3,037
2017-18	901 (39%)	$2,353	625 (27%)	$2,396	121 (5%)	$3,019
2018-19	924 (41%)	$2,385	629 (28%)	$2,309	110 (5%)	$2,831
2019-20	939 (40%)	$2,576	622 (27%)	$2,354	99 (4%)	$2,868
2020-21	805 (57%)	$2,465	479 (34%)	$2,333	75 (5%)	$2,673
2021-22	817 (43%)	$2,608	503 (27%)	$2,216	52 (3%)	$2,665
Average	877 (38.00%)	$2,508	582 (25.22%)	$2,289	126 (5.22%)	$2,749

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

Overview

For the last 10 years, on average, 218 (73.33 % of students) received grants or scholarships and its average amount is $2,868. It can cover 125.79% of tuition & fees ($2,280) based on out-of-state rate.

In addition, 25 (8.56 % of students) students get helped from the students loans (average amount : $2,733).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	195 (74%)	$2,923	40 (15%)	$2,620
2014-15	215 (71%)	$2,408	31 (10%)	$2,536
2015-16	181 (62%)	$2,608	30 (10%)	$2,738
2016-17	231 (71%)	$2,652	27 (8%)	$2,766
2017-18	201 (64%)	$3,046	26 (8%)	$2,713
2018-19	131 (74%)	$3,980	20 (11%)	$2,700
2019-20	253 (81%)	$2,798	19 (6%)	$2,726
2020-21	260 (80%)	$2,634	15 (5%)	$2,868
2021-22	298 (83%)	$2,763	13 (4%)	$2,926
Average	218 (73.33%)	$2,868	25 (8.56%)	$2,733

^*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, 143 (49.11 % of students) received Pell (federal) grants and its average amount is $2,551.

In addition, 101 students received State/local government grants/scholarships (34.89 % 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	129 (49%)	$2,641	-	-	70 (27%)	$767	90 (34%)	$1,952
2014-15	146 (48%)	$2,465	9 (3%)	$410	98 (32%)	$722	69 (23%)	$1,210
2015-16	120 (41%)	$2,471	3 (1%)	$451	61 (21%)	$764	90 (31%)	$1,417
2016-17	166 (51%)	$2,486	8 (2%)	$500	78 (24%)	$731	88 (27%)	$1,578
2017-18	165 (53%)	$2,519	8 (3%)	$710	73 (23%)	$777	81 (26%)	$1,657
2018-19	124 (70%)	$2,520	11 (6%)	$727	99 (56%)	$800	88 (49%)	$1,382
2019-20	131 (42%)	$2,535	14 (5%)	$464	131 (42%)	$679	144 (46%)	$1,948
2020-21	143 (44%)	$2,695	16 (5%)	$469	160 (50%)	$809	93 (29%)	$1,746
2021-22	159 (44%)	$2,631	8 (2%)	$838	140 (39%)	$757	123 (34%)	$2,378
Average	143 (49.11%)	$2,551	10 (3.38%)	$571	101 (34.89%)	$756	96 (33.22%)	$1,696

^*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, 25 (8.56 % of students) get any students loan help and its average loan amount is $25.

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	40 (15%)	$2,620	40 (15%)	$2,620	-	-
2014-15	31 (10%)	$2,536	31 (10%)	$2,536	-	-
2015-16	30 (10%)	$2,738	30 (10%)	$2,738	-	-
2016-17	27 (8%)	$2,766	27 (8%)	$2,766	-	-
2017-18	26 (8%)	$2,713	26 (8%)	$2,713	-	-
2018-19	20 (11%)	$2,700	20 (11%)	$2,700	-	-
2019-20	19 (6%)	$2,726	18 (6%)	$2,697	1 (0%)	$3,250
2020-21	15 (5%)	$2,868	15 (5%)	$2,868	-	-
2021-22	13 (4%)	$2,926	13 (4%)	$2,926	-	-
Average	25 (8.56%)	$2,733	24 (8.56%)	$2,729	1 (0.00%)	$3,250

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Scholarships, Grants, and Loan Trends at New Mexico Junior

All Undergraduate Students Financial Aid Over Time

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