614 students (63% of total 972 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Otero College (OJC). The average amount of the aid awarded is $8,247.
For the first-time, full-time beginning students (freshmen), 95% of total 215 enrolled students have received any kind of financial aid and its average amount of aid received is $10,305.
At Otero College, 614 undergraduate students (63% of total 972 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $8,247.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 614 | 63% | $5,063,748 | $8,247 |
| Pell Grants | 371 | 38% | $2,255,003 | $6,078 |
| Federal Student Loan | 164 | 17% | $1,046,271 | $6,380 |
205 beginning undergraduate students (95% of total 215 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Otero College. The average amount of aid received is $10,305.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 205 | 95% | - | - |
| Grants or Scholarships | 198 | 92% | $2,040,449 | $10,305 |
| Federal Grants | 107 | 50% | $695,791 | $6,503 |
| Pell Grants | 107 | 50% | $675,818 | $6,316 |
| Other Federal Grants | 11 | 5% | $19,973 | $1,816 |
| State/Local Grants | 99 | 46% | $196,901 | $1,989 |
| Institutional Grants | 141 | 66% | $1,147,757 | $8,140 |
| Student Loan Aid | 56 | 26% | $298,275 | $5,326 |
| Federal Student Loans | 50 | 23% | $253,832 | $5,077 |
| Other Student Loans | 7 | 3% | $44,443 | $6,349 |
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Otero College.
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.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 84 | 81 | $763,014 | $9,084 |
| 0-30,000 | 29 | 29 | $274,508 | $9,466 |
| 30,001-48,000 | 25 | 25 | $305,515 | $12,221 |
| 48,001-75,000 | 15 | 15 | $108,740 | $7,249 |
| 75,001-110,000 | 5 | 4 | $26,651 | $5,330 |
| 110,001 or more | 10 | 8 | $47,600 | $4,760 |
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