Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 895, which is 52.44 % of all undergraduate students. 367 students which is 19.89% of undergraduate students received federal student loans and the average loan amount is $5,541.

For full-time, first-time beginning students (freshmen), 89.56% of students received grants or scholarships and 11% 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 State University-Alamogordo since 2013.

For that period, the average number of students who received grants aid/scholarships is 895, which is 52.44 % of all undergraduate students. 367 students which is 19.89% of undergraduate students received federal student loans and the average loan amount is $5,541.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,489 (61%)$4,7701,191 (48%)$4,290803 (33%)$5,098
2014-151,257 (60%)$5,020966 (46%)$4,382639 (31%)$5,367
2015-16977 (53%)$4,888834 (45%)$4,178476 (26%)$6,404
2016-17947 (53%)$4,689743 (42%)$3,864400 (23%)$6,437
2017-18899 (53%)$6,123684 (40%)$4,873304 (18%)$3,386
2018-19877 (54%)$6,387673 (41%)$4,736312 (19%)$6,295
2019-20814 (53%)$7,090612 (40%)$4,741245 (16%)$6,188
2020-21471 (50%)$6,167358 (38%)$4,72390 (10%)$5,429
2021-22327 (35%)$4,927233 (25%)$4,43630 (3%)$5,262
Average895 (52.44%)$5,562699 (40.56%)$4,469367 (19.89%)$5,541
*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, 119 (89.56 % of students) received grants or scholarships and its average amount is $4,461. It can cover 73.46% of tuition & fees ($6,072) based on out-of-state rate.

In addition, 19 (11.33 % of students) students get helped from the students loans (average amount : $4,134).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14211 (90%)$4,08963 (27%)$3,157
2014-15154 (88%)$4,10141 (23%)$3,342
2015-16132 (86%)$4,07919 (12%)$4,141
2016-17108 (88%)$3,99914 (11%)$3,599
2017-18123 (97%)$4,2859 (7%)$2,969
2018-19117 (90%)$4,7029 (7%)$3,896
2019-20111 (90%)$4,40711 (9%)$5,726
2020-2154 (89%)$5,7602 (3%)$8,648
2021-2264 (88%)$4,7242 (3%)$1,732
Average119 (89.56%)$4,46119 (11.33%)$4,134
*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, 79 (57.56 % of students) received Pell (federal) grants and its average amount is $4,745.

In addition, 89 students received State/local government grants/scholarships (69.33 % 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
2013-14151 (64%)$4,10225 (11%)$521134 (57%)$71697 (41%)$1,387
2014-15105 (60%)$4,10810 (6%)$570104 (59%)$73280 (46%)$1,479
2015-1689 (58%)$4,36211 (7%)$545104 (68%)$71267 (44%)$1,048
2016-1774 (60%)$4,0739 (7%)$53368 (55%)$72073 (59%)$1,051
2017-1874 (58%)$5,1568 (6%)$600111 (87%)$59469 (54%)$1,085
2018-1978 (60%)$5,1896 (5%)$60083 (64%)$75066 (51%)$1,205
2019-2067 (54%)$5,0383 (2%)$57591 (73%)$69065 (52%)$1,340
2020-2135 (57%)$5,2861 (2%)$30047 (77%)$1,81327 (44%)$1,501
2021-2234 (47%)$5,3902 (3%)$60061 (84%)$1,8416 (8%)$936
Average79 (57.56%)$4,7458 (5.44%)$53889 (69.33%)$95261 (44.33%)$1,226
*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, 19 (11.33 % of students) get any students loan help and its average loan amount is $19.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1463 (27%)$3,15763 (27%)$3,157--
2014-1541 (23%)$3,34241 (23%)$3,342--
2015-1619 (12%)$4,14119 (12%)$4,141--
2016-1714 (11%)$3,59914 (11%)$3,599--
2017-189 (7%)$2,9699 (7%)$2,969--
2018-199 (7%)$3,8969 (7%)$3,896--
2019-2011 (9%)$5,72611 (9%)$5,726--
2020-212 (3%)$8,6482 (3%)$6,8801 (2%)$3,535
2021-222 (3%)$1,7322 (3%)$1,732--
Average19 (11.33%)$4,13419 (11.33%)$3,9381 (2.00%)$3,535

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