362 students (76% of total 476 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at New Mexico Military Institute (NMMI). The average amount of the aid awarded is $10,725.

For the first-time, full-time beginning students (freshmen), 97% of total 189 enrolled students have received any kind of financial aid and its average amount of aid received is $9,762.

All Undergraduate Financial Aid

At New Mexico Military Institute, 362 undergraduate students (76% of total 476 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $10,725.

Financial Aid Statistics (All Undergraduate Students) - NMMI
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship36276% $3,882,618$10,725
Pell Grants11224% $531,096$4,742
Federal Student Loan235% $89,644$3,898

Beginning Undergraduate Students (Freshmen) Financial Aid

183 beginning undergraduate students (97% of total 189 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at New Mexico Military Institute. The average amount of aid received is $9,762.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - NMMI
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid18397% --
Grants or Scholarships18397%$1,786,489$9,762
Federal Grants15582%$521,187$3,362
Pell Grants5228%$231,059$4,443
Other Federal Grants14778%$290,128$1,974
State/Local Grants2413%$40,902$1,704
Institutional Grants16989%$1,224,400$7,245
Student Loan Aid168%$70,137$4,384
Federal Student Loans158%$60,137$4,009
Other Student Loans11%$10,000$10,000

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2021-2022 at New Mexico Military Institute.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level4847$612,583$12,762
0-30,0001818$276,196$15,344
30,001-48,0001313$192,700$14,823
48,001-75,000109$87,383$8,738
75,001-110,00033$23,145$7,715
110,001 or more44$33,159$8,290

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