Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 9,351, which is 77.33 % of all undergraduate students. 4,326 students which is 35.56% of undergraduate students received federal student loans and the average loan amount is $5,731.

For full-time, first-time beginning students (freshmen), 96.33% of students received grants or scholarships and 35% 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-Main Campus since 2013.

For that period, the average number of students who received grants aid/scholarships is 9,351, which is 77.33 % of all undergraduate students. 4,326 students which is 35.56% of undergraduate students received federal student loans and the average loan amount is $5,731.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1410,474 (77%)$8,5915,692 (42%)$4,3615,436 (40%)$6,346
2014-159,884 (77%)$9,3375,459 (43%)$4,3915,173 (40%)$6,458
2015-169,325 (74%)$9,0685,171 (41%)$4,2804,770 (38%)$6,502
2016-179,287 (77%)$9,0264,974 (41%)$4,3604,539 (38%)$6,293
2017-188,842 (75%)$10,0385,011 (43%)$4,7503,888 (33%)$3,049
2018-199,107 (78%)$11,2045,327 (46%)$5,1534,341 (37%)$6,055
2019-209,302 (80%)$11,5205,327 (46%)$4,9684,262 (37%)$5,814
2020-219,321 (81%)$11,9325,118 (44%)$5,1113,560 (31%)$5,489
2021-228,614 (77%)$13,3924,656 (41%)$5,2432,968 (26%)$5,570
Average9,351 (77.33%)$10,4565,193 (43.00%)$4,7354,326 (35.56%)$5,731
*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, 1,946 (96.33 % of students) received grants or scholarships and its average amount is $10,849. It can cover 42.93% of tuition & fees ($25,271) based on out-of-state rate.

In addition, 702 (34.78 % of students) students get helped from the students loans (average amount : $4,445).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,816 (95%)$8,753656 (34%)$4,993
2014-151,754 (95%)$9,351669 (36%)$5,430
2015-161,827 (92%)$9,386665 (34%)$4,913
2016-171,745 (96%)$9,582659 (36%)$4,760
2017-182,006 (99%)$12,028649 (32%)$1,734
2018-192,225 (99%)$12,308904 (40%)$4,723
2019-202,126 (98%)$11,550867 (40%)$4,795
2020-212,111 (98%)$11,518658 (31%)$4,227
2021-221,900 (95%)$13,168590 (30%)$4,431
Average1,946 (96.33%)$10,849702 (34.78%)$4,445
*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, 961 (47.67 % of students) received Pell (federal) grants and its average amount is $4,894.

In addition, 1,298 students received State/local government grants/scholarships (64.89 % 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
2013-14821 (43%)$4,448142 (7%)$9171,331 (70%)$4,252744 (39%)$8,675
2014-15849 (46%)$4,513166 (9%)$1,4671,282 (69%)$4,578700 (38%)$9,225
2015-16883 (45%)$4,325191 (10%)$1,2581,304 (66%)$4,3261,198 (61%)$6,217
2016-17852 (47%)$4,607340 (19%)$1,2821,373 (75%)$4,3011,195 (65%)$5,400
2017-18982 (48%)$5,010452 (22%)$1,1641,517 (75%)$4,5771,327 (65%)$8,847
2018-191,187 (53%)$5,299295 (13%)$1,4361,265 (56%)$2,6532,180 (97%)$7,943
2019-201,062 (49%)$5,108216 (10%)$9251,285 (60%)$2,6542,077 (96%)$7,472
2020-211,020 (48%)$5,311338 (16%)$9581,158 (54%)$2,4062,071 (97%)$7,623
2021-22989 (50%)$5,423262 (13%)$9001,170 (59%)$4,1831,728 (87%)$8,406
Average961 (47.67%)$4,894267 (13.22%)$1,1451,298 (64.89%)$3,7701,469 (71.67%)$7,756
*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, 702 (34.78 % of students) get any students loan help and its average loan amount is $702.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14656 (34%)$4,993642 (34%)$4,75331 (2%)$7,220
2014-15669 (36%)$5,430661 (36%)$5,02245 (2%)$6,953
2015-16665 (34%)$4,913649 (33%)$4,56239 (2%)$7,856
2016-17659 (36%)$4,760652 (36%)$4,32444 (2%)$7,216
2017-18649 (32%)$1,734643 (32%)$1,63019 (1%)$4,086
2018-19904 (40%)$4,723889 (39%)$4,31950 (2%)$8,602
2019-20867 (40%)$4,795855 (40%)$4,20667 (3%)$8,377
2020-21658 (31%)$4,227643 (30%)$3,49153 (2%)$10,115
2021-22590 (30%)$4,431581 (29%)$3,80143 (2%)$9,435
Average702 (34.78%)$4,445691 (34.33%)$4,01243 (2.00%)$7,762

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