326 students (71% of total 459 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at New Mexico Military Institute (NMMI). The average amount of the aid awarded is $11,881.
For the first-time, full-time beginning students (freshmen), 97% of total 179 enrolled students have received any kind of financial aid and its average amount of aid received is $11,951.
At New Mexico Military Institute, 326 undergraduate students (71% of total 459 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $11,881.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 326 | 71% | $3,873,241 | $11,881 |
| Pell Grants | 112 | 24% | $614,017 | $5,482 |
| Federal Student Loan | 20 | 4% | $70,001 | $3,500 |
174 beginning undergraduate students (97% of total 179 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at New Mexico Military Institute. The average amount of aid received is $11,951.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 174 | 97% | - | - |
| Grants or Scholarships | 174 | 97% | $2,079,483 | $11,951 |
| Federal Grants | 64 | 36% | $387,565 | $6,056 |
| Pell Grants | 64 | 36% | $335,873 | $5,248 |
| Other Federal Grants | 19 | 11% | $51,692 | $2,721 |
| State/Local Grants | 59 | 33% | $241,918 | $4,100 |
| Institutional Grants | 169 | 94% | $1,450,000 | $8,580 |
| Student Loan Aid | 10 | 6% | $35,860 | $3,586 |
| Federal Student Loans | 10 | 6% | $35,860 | $3,586 |
| Other Student Loans | - | - | - | - |
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 New Mexico Military Institute.
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 | 60 | 60 | $852,289 | $14,205 |
| 0-30,000 | 26 | 26 | $419,707 | $16,143 |
| 30,001-48,000 | 15 | 15 | $219,424 | $14,628 |
| 48,001-75,000 | 14 | 14 | $184,302 | $13,164 |
| 75,001-110,000 | 3 | 3 | $10,445 | $3,482 |
| 110,001 or more | 2 | 2 | $18,411 | $9,206 |
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