Financial Aid at UNM

[Last update: December 11, 2025]

14,736 students (87% of total 16,842 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at University of New Mexico-Main Campus (UNM). The average amount of the aid awarded is $12,854.

For the first-time, full-time beginning students (freshmen), 100% of total 3,548 enrolled students have received any kind of financial aid and its average amount of aid received is $13,140.

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All Undergraduate Financial Aid

At University of New Mexico-Main Campus, 14,736 undergraduate students (87% of total 16,842 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $12,854.

Financial Aid Statistics (All Undergraduate Students) - UNM
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship14,73687% $189,413,758$12,854
Pell Grants6,52339% $36,480,922$5,593
Federal Student Loan7,42444% $20,050,612$2,701

Beginning Undergraduate Students (Freshmen) Financial Aid

3,539 beginning undergraduate students (100% of total 3,548 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at University of New Mexico-Main Campus. The average amount of aid received is $13,140.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - UNM
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid3,539100% --
Grants or Scholarships3,539100%$46,504,211$13,140
Federal Grants1,52743%$9,182,096$6,013
Pell Grants1,52743%$8,965,132$5,871
Other Federal Grants1123%$216,964$1,937
State/Local Grants2,91882%$26,450,485$9,065
Institutional Grants2,70076%$10,871,630$4,027
Student Loan Aid59717%$3,649,081$6,112
Federal Student Loans57316%$3,095,505$5,402
Other Student Loans923%$553,576$6,017

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

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 University of New Mexico-Main Campus.

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.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level1,8691,134$6,532,554$3,495
0-30,000519514$3,666,645$7,065
30,001-48,000382369$2,049,229$5,364
48,001-75,000309223$737,457$2,387
75,001-110,00023326$68,571$294
110,001 or more4262$10,652$25

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