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

Over the past 8 years (2013-2020), 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.
For full-time, first-time beginning students (freshmen), 95.75% of students received grants or scholarships and 97% of students received student loans.

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.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,694 (81%)$3,8671,431 (68%)$3,8781,378 (66%)$9,210
2014-151,014 (82%)$3,742741 (60%)$3,943682 (55%)$9,507
2015-16683 (84%)$3,923469 (58%)$3,795434 (53%)$9,414
2016-17357 (82%)$3,910231 (53%)$3,723215 (49%)$9,561
2017-18177 (82%)$3,55396 (44%)$3,535107 (49%)$8,967
2018-1961 (73%)$2,80931 (37%)$3,19540 (48%)$8,322
2019-2020 (67%)$2,7598 (27%)$4,16712 (40%)$7,389
Average572 (78.71%)$3,509430 (49.57%)$3,748410 (51.43%)$8,910

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1461 (97%)$5,65860 (95%)$8,103
2014-1516 (100%)$4,45415 (94%)$7,564
2015-166 (86%)$6,2867 (100%)$8,106
2016-171 (100%)$6,9301 (100%)$9,500
2017-18----
2018-19----
2019-20----
Average21 (95.75%)$5,83221 (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.
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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1459 (94%)$5,3927 (11%)$500--20 (32%)$1,177
2014-1515 (94%)$4,3587 (44%)$464--5 (31%)$528
2015-166 (86%)$5,7753 (43%)$500--3 (43%)$523
2016-171 (100%)$5,8151 (100%)$500--1 (100%)$615
2017-18--------
2018-19--------
2019-20--------
Average20 (93.50%)$5,3355 (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..
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.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1460 (95%)$8,10360 (95%)$7,9441 (2%)$9,500
2014-1515 (94%)$7,56415 (94%)$7,564--
2015-167 (100%)$8,1067 (100%)$8,106--
2016-171 (100%)$9,5001 (100%)$9,500--
2017-18------
2018-19------
2019-20------
Average21 (97.25%)$8,31821 (97.25%)$8,2791 (2.00%)$9,500
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