Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 877, which is 38.00 % of all undergraduate students. 126 students which is 5.22% of undergraduate students received federal student loans and the average loan amount is $2,749.

For full-time, first-time beginning students (freshmen), 73.33% of students received grants or scholarships and 9% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at New Mexico Junior College since 2013.

For that period, the average number of students who received grants aid/scholarships is 877, which is 38.00 % of all undergraduate students. 126 students which is 5.22% of undergraduate students received federal student loans and the average loan amount is $2,749.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14720 (28%)$2,798655 (26%)$2,225296 (12%)$1,882
2014-15958 (29%)$2,489560 (17%)$2,274119 (4%)$2,850
2015-16902 (30%)$2,632541 (18%)$2,261122 (4%)$2,918
2016-17925 (35%)$2,266621 (23%)$2,230141 (5%)$3,037
2017-18901 (39%)$2,353625 (27%)$2,396121 (5%)$3,019
2018-19924 (41%)$2,385629 (28%)$2,309110 (5%)$2,831
2019-20939 (40%)$2,576622 (27%)$2,35499 (4%)$2,868
2020-21805 (57%)$2,465479 (34%)$2,33375 (5%)$2,673
2021-22817 (43%)$2,608503 (27%)$2,21652 (3%)$2,665
Average877 (38.00%)$2,508582 (25.22%)$2,289126 (5.22%)$2,749
*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.

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

For the last 10 years, on average, 218 (73.33 % of students) received grants or scholarships and its average amount is $2,868. It can cover 125.79% of tuition & fees ($2,280) based on out-of-state rate.

In addition, 25 (8.56 % of students) students get helped from the students loans (average amount : $2,733).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14195 (74%)$2,92340 (15%)$2,620
2014-15215 (71%)$2,40831 (10%)$2,536
2015-16181 (62%)$2,60830 (10%)$2,738
2016-17231 (71%)$2,65227 (8%)$2,766
2017-18201 (64%)$3,04626 (8%)$2,713
2018-19131 (74%)$3,98020 (11%)$2,700
2019-20253 (81%)$2,79819 (6%)$2,726
2020-21260 (80%)$2,63415 (5%)$2,868
2021-22298 (83%)$2,76313 (4%)$2,926
Average218 (73.33%)$2,86825 (8.56%)$2,733
*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 10 years, on average, 143 (49.11 % of students) received Pell (federal) grants and its average amount is $2,551.

In addition, 101 students received State/local government grants/scholarships (34.89 % of students).

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
2013-14129 (49%)$2,641--70 (27%)$76790 (34%)$1,952
2014-15146 (48%)$2,4659 (3%)$41098 (32%)$72269 (23%)$1,210
2015-16120 (41%)$2,4713 (1%)$45161 (21%)$76490 (31%)$1,417
2016-17166 (51%)$2,4868 (2%)$50078 (24%)$73188 (27%)$1,578
2017-18165 (53%)$2,5198 (3%)$71073 (23%)$77781 (26%)$1,657
2018-19124 (70%)$2,52011 (6%)$72799 (56%)$80088 (49%)$1,382
2019-20131 (42%)$2,53514 (5%)$464131 (42%)$679144 (46%)$1,948
2020-21143 (44%)$2,69516 (5%)$469160 (50%)$80993 (29%)$1,746
2021-22159 (44%)$2,6318 (2%)$838140 (39%)$757123 (34%)$2,378
Average143 (49.11%)$2,55110 (3.38%)$571101 (34.89%)$75696 (33.22%)$1,696
*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 10 years, on average, 25 (8.56 % of students) get any students loan help and its average loan amount is $25.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1440 (15%)$2,62040 (15%)$2,620--
2014-1531 (10%)$2,53631 (10%)$2,536--
2015-1630 (10%)$2,73830 (10%)$2,738--
2016-1727 (8%)$2,76627 (8%)$2,766--
2017-1826 (8%)$2,71326 (8%)$2,713--
2018-1920 (11%)$2,70020 (11%)$2,700--
2019-2019 (6%)$2,72618 (6%)$2,6971 (0%)$3,250
2020-2115 (5%)$2,86815 (5%)$2,868--
2021-2213 (4%)$2,92613 (4%)$2,926--
Average25 (8.56%)$2,73324 (8.56%)$2,7291 (0.00%)$3,250

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