How NMSU-Alamogordo'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 State University-Alamogordo since 2013.

For that period, the average number of students who received grants aid/scholarships is 895, which is 52.44 % of all undergraduate students. 367 students which is 19.89% of undergraduate students received federal student loans and the average loan amount is $5,541.

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	1,489 (61%)	$4,770	1,191 (48%)	$4,290	803 (33%)	$5,098
2014-15	1,257 (60%)	$5,020	966 (46%)	$4,382	639 (31%)	$5,367
2015-16	977 (53%)	$4,888	834 (45%)	$4,178	476 (26%)	$6,404
2016-17	947 (53%)	$4,689	743 (42%)	$3,864	400 (23%)	$6,437
2017-18	899 (53%)	$6,123	684 (40%)	$4,873	304 (18%)	$3,386
2018-19	877 (54%)	$6,387	673 (41%)	$4,736	312 (19%)	$6,295
2019-20	814 (53%)	$7,090	612 (40%)	$4,741	245 (16%)	$6,188
2020-21	471 (50%)	$6,167	358 (38%)	$4,723	90 (10%)	$5,429
2021-22	327 (35%)	$4,927	233 (25%)	$4,436	30 (3%)	$5,262
Average	895 (52.44%)	$5,562	699 (40.56%)	$4,469	367 (19.89%)	$5,541

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

Overview

For the last 10 years, on average, 119 (89.56 % of students) received grants or scholarships and its average amount is $4,461. It can cover 73.46% of tuition & fees ($6,072) based on out-of-state rate.

In addition, 19 (11.33 % of students) students get helped from the students loans (average amount : $4,134).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	211 (90%)	$4,089	63 (27%)	$3,157
2014-15	154 (88%)	$4,101	41 (23%)	$3,342
2015-16	132 (86%)	$4,079	19 (12%)	$4,141
2016-17	108 (88%)	$3,999	14 (11%)	$3,599
2017-18	123 (97%)	$4,285	9 (7%)	$2,969
2018-19	117 (90%)	$4,702	9 (7%)	$3,896
2019-20	111 (90%)	$4,407	11 (9%)	$5,726
2020-21	54 (89%)	$5,760	2 (3%)	$8,648
2021-22	64 (88%)	$4,724	2 (3%)	$1,732
Average	119 (89.56%)	$4,461	19 (11.33%)	$4,134

^*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, 79 (57.56 % of students) received Pell (federal) grants and its average amount is $4,745.

In addition, 89 students received State/local government grants/scholarships (69.33 % 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	151 (64%)	$4,102	25 (11%)	$521	134 (57%)	$716	97 (41%)	$1,387
2014-15	105 (60%)	$4,108	10 (6%)	$570	104 (59%)	$732	80 (46%)	$1,479
2015-16	89 (58%)	$4,362	11 (7%)	$545	104 (68%)	$712	67 (44%)	$1,048
2016-17	74 (60%)	$4,073	9 (7%)	$533	68 (55%)	$720	73 (59%)	$1,051
2017-18	74 (58%)	$5,156	8 (6%)	$600	111 (87%)	$594	69 (54%)	$1,085
2018-19	78 (60%)	$5,189	6 (5%)	$600	83 (64%)	$750	66 (51%)	$1,205
2019-20	67 (54%)	$5,038	3 (2%)	$575	91 (73%)	$690	65 (52%)	$1,340
2020-21	35 (57%)	$5,286	1 (2%)	$300	47 (77%)	$1,813	27 (44%)	$1,501
2021-22	34 (47%)	$5,390	2 (3%)	$600	61 (84%)	$1,841	6 (8%)	$936
Average	79 (57.56%)	$4,745	8 (5.44%)	$538	89 (69.33%)	$952	61 (44.33%)	$1,226

^*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, 19 (11.33 % of students) get any students loan help and its average loan amount is $19.

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	63 (27%)	$3,157	63 (27%)	$3,157	-	-
2014-15	41 (23%)	$3,342	41 (23%)	$3,342	-	-
2015-16	19 (12%)	$4,141	19 (12%)	$4,141	-	-
2016-17	14 (11%)	$3,599	14 (11%)	$3,599	-	-
2017-18	9 (7%)	$2,969	9 (7%)	$2,969	-	-
2018-19	9 (7%)	$3,896	9 (7%)	$3,896	-	-
2019-20	11 (9%)	$5,726	11 (9%)	$5,726	-	-
2020-21	2 (3%)	$8,648	2 (3%)	$6,880	1 (2%)	$3,535
2021-22	2 (3%)	$1,732	2 (3%)	$1,732	-	-
Average	19 (11.33%)	$4,134	19 (11.33%)	$3,938	1 (2.00%)	$3,535