Financial Aid at NMSU

[Last update: December 11, 2025]

9,302 students (77% of total 12,113 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at New Mexico State University-Main Campus (NMSU). The average amount of the aid awarded is $14,505.

For the first-time, full-time beginning students (freshmen), 96% of total 2,366 enrolled students have received any kind of financial aid and its average amount of aid received is $14,420.

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All Undergraduate Financial Aid

At New Mexico State University-Main Campus, 9,302 undergraduate students (77% of total 12,113 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $14,505.

Financial Aid Statistics (All Undergraduate Students) - NMSU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship9,30277% $134,926,113$14,505
Pell Grants4,66238% $27,029,552$5,798
Federal Student Loan2,41420% $12,779,665$5,294

Beginning Undergraduate Students (Freshmen) Financial Aid

2,278 beginning undergraduate students (96% of total 2,366 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at New Mexico State University-Main Campus. The average amount of aid received is $14,420.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - NMSU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid2,27896% --
Grants or Scholarships2,26996%$32,719,344$14,420
Federal Grants1,07846%$6,886,539$6,388
Pell Grants1,07846%$6,433,651$5,968
Other Federal Grants51922%$452,888$873
State/Local Grants1,80576%$13,764,623$7,626
Institutional Grants1,65270%$12,068,182$7,305
Student Loan Aid54523%$2,399,220$4,402
Federal Student Loans52922%$1,853,066$3,503
Other Student Loans472%$546,154$11,620

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 New Mexico State University-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 level955952$13,544,702$14,183
0-30,000397397$6,283,116$15,826
30,001-48,000245245$3,725,362$15,206
48,001-75,000146146$1,759,804$12,053
75,001-110,0008281$877,980$10,707
110,001 or more8583$898,440$10,570

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