[Last update: December 11, 2025]

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.

All Undergraduate Financial Aid

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.

Financial Aid Statistics (All Undergraduate Students) - NMMI
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship32671% $3,873,241$11,881
Pell Grants11224% $614,017$5,482
Federal Student Loan204% $70,001$3,500

Beginning Undergraduate Students (Freshmen) Financial Aid

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.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - NMMI
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid17497% --
Grants or Scholarships17497%$2,079,483$11,951
Federal Grants6436%$387,565$6,056
Pell Grants6436%$335,873$5,248
Other Federal Grants1911%$51,692$2,721
State/Local Grants5933%$241,918$4,100
Institutional Grants16994%$1,450,000$8,580
Student Loan Aid106%$35,860$3,586
Federal Student Loans106%$35,860$3,586
Other Student Loans----

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 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.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level6060$852,289$14,205
0-30,0002626$419,707$16,143
30,001-48,0001515$219,424$14,628
48,001-75,0001414$184,302$13,164
75,001-110,00033$10,445$3,482
110,001 or more22$18,411$9,206

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