How U of Phoenix-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 University of Phoenix-New Mexico since 2013.

For that period, the average number of students who received grants aid/scholarships is 572, which is 78.71 % of all undergraduate students. 410 students which is 51.43% of undergraduate students received federal student loans and the average loan amount is $8,910.

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	1,694 (81%)	$3,867	1,431 (68%)	$3,878	1,378 (66%)	$9,210
2014-15	1,014 (82%)	$3,742	741 (60%)	$3,943	682 (55%)	$9,507
2015-16	683 (84%)	$3,923	469 (58%)	$3,795	434 (53%)	$9,414
2016-17	357 (82%)	$3,910	231 (53%)	$3,723	215 (49%)	$9,561
2017-18	177 (82%)	$3,553	96 (44%)	$3,535	107 (49%)	$8,967
2018-19	61 (73%)	$2,809	31 (37%)	$3,195	40 (48%)	$8,322
2019-20	20 (67%)	$2,759	8 (27%)	$4,167	12 (40%)	$7,389
Average	572 (78.71%)	$3,509	430 (49.57%)	$3,748	410 (51.43%)	$8,910

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

Overview

For the last 8 years, on average, 21 (95.75 % of students) received grants or scholarships and its average amount is $5,832. It can cover 61.06% of tuition & fees ($9,552).

In addition, 21 (97.25 % of students) students get helped from the students loans (average amount : $8,318).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	61 (97%)	$5,658	60 (95%)	$8,103
2014-15	16 (100%)	$4,454	15 (94%)	$7,564
2015-16	6 (86%)	$6,286	7 (100%)	$8,106
2016-17	1 (100%)	$6,930	1 (100%)	$9,500
2017-18	-	-	-	-
2018-19	-	-	-	-
2019-20	-	-	-	-
Average	21 (95.75%)	$5,832	21 (97.25%)	$8,318

^*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 8 years, on average, 20 (93.50 % of students) received Pell (federal) grants and its average amount is $5,335.

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	59 (94%)	$5,392	7 (11%)	$500	-	-	20 (32%)	$1,177
2014-15	15 (94%)	$4,358	7 (44%)	$464	-	-	5 (31%)	$528
2015-16	6 (86%)	$5,775	3 (43%)	$500	-	-	3 (43%)	$523
2016-17	1 (100%)	$5,815	1 (100%)	$500	-	-	1 (100%)	$615
2017-18	-	-	-	-	-	-	-	-
2018-19	-	-	-	-	-	-	-	-
2019-20	-	-	-	-	-	-	-	-
Average	20 (93.50%)	$5,335	5 (49.50%)	$491	-	-	7 (51.50%)	$711

^*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 8 years, on average, 21 (97.25 % of students) get any students loan help and its average loan amount is $21.

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	60 (95%)	$8,103	60 (95%)	$7,944	1 (2%)	$9,500
2014-15	15 (94%)	$7,564	15 (94%)	$7,564	-	-
2015-16	7 (100%)	$8,106	7 (100%)	$8,106	-	-
2016-17	1 (100%)	$9,500	1 (100%)	$9,500	-	-
2017-18	-	-	-	-	-	-
2018-19	-	-	-	-	-	-
2019-20	-	-	-	-	-	-
Average	21 (97.25%)	$8,318	21 (97.25%)	$8,279	1 (2.00%)	$9,500

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Scholarships, Grants, and Loan Trends at U of Phoenix-New Mexico

All Undergraduate Students Financial Aid Over Time

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