Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 898, which is 67.22 % of all undergraduate students. 297 students which is 22.11% of undergraduate students received federal student loans and the average loan amount is $5,079.

For full-time, first-time beginning students (freshmen), 96.67% of students received grants or scholarships and 34% 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 Otero College since 2013.

For that period, the average number of students who received grants aid/scholarships is 898, which is 67.22 % of all undergraduate students. 297 students which is 22.11% of undergraduate students received federal student loans and the average loan amount is $5,079.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,019 (70%)$5,293666 (46%)$4,953382 (26%)$4,765
2014-151,008 (70%)$6,720594 (41%)$5,156328 (23%)$4,449
2015-161,007 (71%)$5,433598 (42%)$5,248331 (23%)$4,534
2016-17937 (64%)$6,030566 (39%)$5,175316 (22%)$4,995
2017-18882 (66%)$6,012550 (41%)$5,179319 (24%)$5,235
2018-19849 (67%)$6,363501 (40%)$5,347320 (25%)$4,950
2019-20814 (64%)$6,660458 (36%)$5,473268 (21%)$5,364
2020-21750 (62%)$6,668411 (34%)$5,416201 (17%)$5,671
2021-22813 (71%)$7,120397 (34%)$5,567211 (18%)$5,748
Average898 (67.22%)$6,255527 (39.22%)$5,279297 (22.11%)$5,079
*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, 209 (96.67 % of students) received grants or scholarships and its average amount is $7,224. It can cover 102.49% of tuition & fees ($7,048) based on out-of-state rate.

In addition, 74 (33.78 % of students) students get helped from the students loans (average amount : $4,754).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14182 (86%)$6,81869 (33%)$4,666
2014-15189 (99%)$6,63476 (40%)$4,525
2015-16213 (99%)$6,57381 (38%)$4,759
2016-17220 (95%)$6,44876 (33%)$5,136
2017-18277 (99%)$6,756109 (39%)$4,675
2018-19236 (96%)$7,64991 (37%)$4,693
2019-20229 (100%)$8,44869 (30%)$4,319
2020-21172 (97%)$6,55451 (29%)$5,410
2021-22164 (99%)$9,13241 (25%)$4,604
Average209 (96.67%)$7,22474 (33.78%)$4,754
*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, 109 (50.33 % of students) received Pell (federal) grants and its average amount is $5,079.

In addition, 96 students received State/local government grants/scholarships (44.11 % 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
2013-14104 (49%)$4,88710 (5%)$1,73590 (43%)$511144 (68%)$4,647
2014-1599 (52%)$4,9649 (5%)$2,08286 (45%)$544166 (87%)$4,198
2015-16106 (49%)$4,9097 (3%)$2,20091 (42%)$800179 (83%)$4,421
2016-1799 (43%)$4,6804 (2%)$1,59089 (38%)$1,091198 (85%)$4,302
2017-18148 (53%)$5,3069 (3%)$3,081132 (47%)$1,151247 (88%)$3,669
2018-19140 (57%)$5,1538 (3%)$2,625129 (53%)$1,286206 (84%)$4,354
2019-20126 (55%)$5,307154 (67%)$1,186121 (53%)$1,354201 (87%)$4,575
2020-2190 (51%)$4,804118 (67%)$92772 (41%)$3,403104 (59%)$3,274
2021-2272 (44%)$5,698161 (98%)$1,43658 (35%)$1,559149 (90%)$5,140
Average109 (50.33%)$5,07953 (28.11%)$1,87496 (44.11%)$1,300177 (81.22%)$4,287
*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, 74 (33.78 % of students) get any students loan help and its average loan amount is $74.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1469 (33%)$4,66669 (33%)$4,666--
2014-1576 (40%)$4,52576 (40%)$4,525--
2015-1681 (38%)$4,75981 (38%)$4,759--
2016-1776 (33%)$5,13676 (33%)$5,136--
2017-18109 (39%)$4,675109 (39%)$4,675--
2018-1991 (37%)$4,69391 (37%)$4,693--
2019-2069 (30%)$4,31969 (30%)$4,319--
2020-2151 (29%)$5,41051 (29%)$5,410--
2021-2241 (25%)$4,60441 (25%)$4,604--
Average74 (33.78%)$4,75474 (33.78%)$4,754--

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