How Northern New Mexico'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 Northern New Mexico College since 2013.

For that period, the average number of students who received grants aid/scholarships is 798, which is 72.89 % of all undergraduate students. 101 students which is 9.11% of undergraduate students received federal student loans and the average loan amount is $5,204.

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	798 (48%)	$5,396	716 (43%)	$4,867	119 (7%)	$5,846
2014-15	708 (52%)	$5,324	649 (48%)	$4,324	150 (11%)	$4,324
2015-16	665 (61%)	$5,835	587 (54%)	$4,278	110 (10%)	$4,621
2016-17	758 (89%)	$5,427	606 (71%)	$4,032	128 (15%)	$4,718
2017-18	739 (86%)	$5,597	644 (75%)	$4,147	112 (13%)	$4,682
2018-19	746 (81%)	$5,815	644 (70%)	$4,305	96 (10%)	$4,716
2019-20	958 (86%)	$5,228	605 (54%)	$4,450	82 (7%)	$5,880
2020-21	938 (76%)	$5,447	492 (40%)	$4,448	58 (5%)	$6,458
2021-22	876 (77%)	$4,606	409 (36%)	$4,571	51 (4%)	$5,587
Average	798 (72.89%)	$5,408	595 (54.56%)	$4,380	101 (9.11%)	$5,204

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

Overview

For the last 10 years, on average, 116 (91.11 % of students) received grants or scholarships and its average amount is $6,655. It can cover 46.45% of tuition & fees ($14,328) based on out-of-state rate.

In addition, 5 (3.67 % of students) students get helped from the students loans (average amount : $3,972).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	132 (78%)	$5,488	3 (2%)	$3,583
2014-15	102 (89%)	$5,754	5 (4%)	$2,591
2015-16	107 (92%)	$6,716	9 (8%)	$4,479
2016-17	122 (91%)	$6,325	10 (7%)	$3,605
2017-18	127 (94%)	$6,219	5 (4%)	$2,512
2018-19	144 (91%)	$6,481	3 (2%)	$2,409
2019-20	137 (99%)	$7,116	4 (3%)	$3,081
2020-21	75 (87%)	$8,528	1 (1%)	$9,402
2021-22	96 (99%)	$7,267	2 (2%)	$4,082
Average	116 (91.11%)	$6,655	5 (3.67%)	$3,972

^*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, 92 (72.00 % of students) received Pell (federal) grants and its average amount is $4,787.

In addition, 90 students received State/local government grants/scholarships (70.33 % 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	113 (66%)	$5,053	23 (14%)	$1,037	97 (57%)	$855	22 (13%)	$2,119
2014-15	81 (70%)	$4,411	38 (33%)	$1,893	86 (75%)	$1,447	15 (13%)	$2,213
2015-16	91 (78%)	$4,685	43 (37%)	$3,788	67 (58%)	$1,660	9 (8%)	$2,028
2016-17	94 (70%)	$4,705	24 (18%)	$685	103 (77%)	$2,793	10 (7%)	$2,521
2017-18	106 (79%)	$4,603	16 (12%)	$588	95 (70%)	$2,845	13 (10%)	$1,705
2018-19	117 (74%)	$4,894	35 (22%)	$475	116 (73%)	$2,911	6 (4%)	$1,055
2019-20	110 (80%)	$4,875	29 (21%)	$521	127 (92%)	$3,196	11 (8%)	$1,612
2020-21	54 (63%)	$4,867	68 (79%)	$3,603	60 (70%)	$2,091	6 (7%)	$1,050
2021-22	66 (68%)	$4,991	96 (99%)	$2,559	59 (61%)	$1,830	18 (19%)	$813
Average	92 (72.00%)	$4,787	41 (37.22%)	$1,683	90 (70.33%)	$2,181	12 (9.89%)	$1,680

^*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	3 (2%)	$3,583	3 (2%)	$3,583	-	-
2014-15	5 (4%)	$2,591	5 (4%)	$2,591	-	-
2015-16	9 (8%)	$4,479	9 (8%)	$4,479	-	-
2016-17	10 (7%)	$3,605	10 (7%)	$3,605	-	-
2017-18	5 (4%)	$2,512	5 (4%)	$2,512	-	-
2018-19	3 (2%)	$2,409	3 (2%)	$2,409	-	-
2019-20	4 (3%)	$3,081	4 (3%)	$3,081	-	-
2020-21	1 (1%)	$9,402	1 (1%)	$9,402	-	-
2021-22	2 (2%)	$4,082	2 (2%)	$4,082	-	-
Average	5 (3.67%)	$3,972	5 (3.67%)	$3,972	-	-

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Scholarships, Grants, and Loan Trends at Northern New Mexico

All Undergraduate Students Financial Aid Over Time

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