How NMSU-Carlsbad'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 Southeast New Mexico College since 2013.

For that period, the average number of students who received grants aid/scholarships is 573, which is 32.78 % of all undergraduate students. 176 students which is 9.89% of undergraduate students received federal student loans and the average loan amount is $5,552.

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	783 (42%)	$4,357	585 (31%)	$4,171	314 (17%)	$5,138
2014-15	694 (37%)	$4,511	526 (28%)	$3,997	260 (14%)	$5,845
2015-16	592 (31%)	$4,430	445 (23%)	$4,027	230 (12%)	$6,024
2016-17	594 (33%)	$4,353	456 (25%)	$3,837	180 (10%)	$6,336
2017-18	619 (32%)	$4,997	425 (22%)	$4,841	167 (9%)	$3,422
2018-19	536 (30%)	$5,980	422 (24%)	$4,651	171 (10%)	$6,771
2019-20	588 (31%)	$6,291	401 (21%)	$4,782	160 (8%)	$6,140
2020-21	449 (37%)	$5,716	311 (26%)	$5,125	83 (7%)	$4,863
2021-22	302 (22%)	$4,262	175 (13%)	$4,609	21 (2%)	$5,426
Average	573 (32.78%)	$4,989	416 (23.67%)	$4,449	176 (9.89%)	$5,552

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

Overview

For the last 10 years, on average, 109 (85.78 % of students) received grants or scholarships and its average amount is $3,923. It can cover 97.88% of tuition & fees ($4,008) based on out-of-state rate.

In addition, 5 (3.67 % of students) students get helped from the students loans (average amount : $3,868).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	164 (85%)	$3,476	5 (3%)	$2,180
2014-15	117 (84%)	$3,389	6 (4%)	$3,286
2015-16	113 (84%)	$3,787	6 (4%)	$4,384
2016-17	113 (80%)	$3,710	12 (8%)	$4,657
2017-18	147 (95%)	$3,418	5 (3%)	$1,930
2018-19	75 (74%)	$4,910	4 (4%)	$6,928
2019-20	85 (83%)	$4,470	4 (4%)	$3,883
2020-21	96 (96%)	$4,724	2 (2%)	$4,083
2021-22	74 (91%)	$3,423	1 (1%)	$3,483
Average	109 (85.78%)	$3,923	5 (3.67%)	$3,868

^*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, 57 (44.33 % of students) received Pell (federal) grants and its average amount is $4,744.

In addition, 105 students received State/local government grants/scholarships (82.11 % 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	86 (44%)	$4,008	5 (3%)	$600	154 (79%)	$904	62 (32%)	$1,341
2014-15	52 (37%)	$4,299	-	-	115 (82%)	$863	62 (44%)	$1,190
2015-16	60 (44%)	$4,582	3 (2%)	$500	109 (81%)	$943	42 (31%)	$1,157
2016-17	66 (46%)	$4,370	10 (7%)	$525	106 (75%)	$793	35 (25%)	$1,186
2017-18	69 (45%)	$4,934	9 (6%)	$600	143 (92%)	$920	28 (18%)	$896
2018-19	52 (51%)	$5,186	2 (2%)	$450	68 (67%)	$1,080	23 (23%)	$1,051
2019-20	49 (48%)	$5,165	2 (2%)	$450	83 (81%)	$1,002	26 (25%)	$1,645
2020-21	51 (51%)	$5,407	4 (4%)	$525	91 (91%)	$1,484	37 (37%)	$1,097
2021-22	27 (33%)	$4,743	-	-	74 (91%)	$1,295	19 (23%)	$1,551
Average	57 (44.33%)	$4,744	5 (3.71%)	$521	105 (82.11%)	$1,032	37 (28.67%)	$1,235

^*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, 5 (3.67 % of students) get any students loan help and its average loan amount is $5.

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	5 (3%)	$2,180	5 (3%)	$2,180	-	-
2014-15	6 (4%)	$3,286	6 (4%)	$3,286	-	-
2015-16	6 (4%)	$4,384	6 (4%)	$4,384	-	-
2016-17	12 (8%)	$4,657	12 (8%)	$4,657	-	-
2017-18	5 (3%)	$1,930	5 (3%)	$1,930	-	-
2018-19	4 (4%)	$6,928	4 (4%)	$6,928	-	-
2019-20	4 (4%)	$3,883	4 (4%)	$3,883	-	-
2020-21	2 (2%)	$4,083	2 (2%)	$4,083	-	-
2021-22	1 (1%)	$3,483	1 (1%)	$3,483	-	-
Average	5 (3.67%)	$3,868	5 (3.67%)	$3,868	-	-