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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at New Mexico Military Institute since 2011.
For that period, the average number of students who received grants aid/scholarships is 390, which is 85.64 % of all undergraduate students. 76 students which is 16.91% of undergraduate students received federal student loans and the average loan amount is $4,027.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12402 (87%)$7,531180 (39%)$3,936123 (27%)$4,455
2012-13416 (85%)$7,279151 (31%)$4,186109 (22%)$4,493
2013-14427 (91%)$7,818153 (33%)$4,25699 (21%)$4,781
2014-15419 (91%)$7,593153 (33%)$4,057127 (28%)$3,214
2015-16408 (95%)$8,514127 (30%)$4,33775 (18%)$4,381
2016-17389 (92%)$8,563159 (38%)$4,44492 (22%)$4,681
2017-18323 (77%)$9,559121 (29%)$4,27944 (11%)$3,516
2018-19391 (95%)$9,227129 (31%)$4,08866 (16%)$3,879
2019-20371 (76%)$8,690117 (24%)$4,45741 (8%)$2,805
2020-21381 (77%)$11,149121 (25%)$4,64738 (8%)$4,195
2021-22362 (76%)$10,725112 (24%)$4,74223 (5%)$3,898
Average390 (85.64%)$8,786138 (30.64%)$4,31276 (16.91%)$4,027

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 213 (89.36 % of students) received grants or scholarships and its average amount is $8,078. It can cover 57.52% of tuition & fees ($14,042) based on out-of-state rate.
In addition, 44 (17.73 % of students) students get helped from the students loans (average amount : $4,341).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12178 (72%)$7,27261 (25%)$4,753
2012-13219 (73%)$7,09769 (23%)$4,730
2013-14199 (76%)$7,58958 (22%)$4,991
2014-15229 (85%)$7,48955 (20%)$5,033
2015-16215 (94%)$7,54839 (17%)$5,176
2016-17240 (94%)$8,44458 (23%)$4,939
2017-18211 (97%)$7,97838 (18%)$1,709
2018-19234 (97%)$7,87943 (18%)$4,186
2019-20204 (99%)$7,99820 (10%)$3,453
2020-21226 (99%)$9,79725 (11%)$4,401
2021-22183 (97%)$9,76216 (8%)$4,384
Average213 (89.36%)$8,07844 (17.73%)$4,341
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 78 (32.45 % of students) received Pell (federal) grants and its average amount is $4,358.
In addition, 20 students received State/local government grants/scholarships (8.55 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1295 (39%)$3,86023 (9%)$2,93421 (9%)$1,020151 (61%)$5,555
2012-1392 (30%)$4,05234 (11%)$3,42016 (5%)$1,433190 (63%)$5,485
2013-1482 (31%)$4,38028 (11%)$2,58612 (5%)$1,961184 (70%)$5,734
2014-1587 (32%)$4,10227 (10%)$3,06212 (4%)$1,652212 (79%)$5,923
2015-1660 (26%)$4,60823 (10%)$2,49410 (4%)$1,418212 (93%)$6,013
2016-17102 (40%)$4,56332 (13%)$2,32921 (8%)$1,560232 (91%)$6,266
2017-1871 (33%)$4,50420 (9%)$2,99513 (6%)$704208 (96%)$6,223
2018-1978 (32%)$4,21829 (12%)$2,73310 (4%)$1,119232 (96%)$6,139
2019-2072 (35%)$4,560115 (56%)$1,09134 (17%)$719199 (97%)$5,795
2020-2172 (31%)$4,653126 (55%)$1,39544 (19%)$1,664219 (96%)$7,444
2021-2252 (28%)$4,443147 (78%)$1,97424 (13%)$1,704169 (89%)$7,245
Average78 (32.45%)$4,35855 (24.91%)$2,45620 (8.55%)$1,359201 (84.64%)$6,166
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 44 (17.73 % of students) get any students loan help and its average loan amount is $44.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1261 (25%)$4,75361 (25%)$4,2885 (2%)$5,668
2012-1369 (23%)$4,73067 (22%)$4,5124 (1%)$6,014
2013-1458 (22%)$4,99158 (22%)$4,8521 (0%)$8,075
2014-1555 (20%)$5,03353 (20%)$4,7034 (1%)$6,885
2015-1639 (17%)$5,17637 (16%)$4,8502 (1%)$11,202
2016-1758 (23%)$4,93957 (22%)$4,5903 (1%)$8,277
2017-1838 (18%)$1,70938 (18%)$1,709--
2018-1943 (18%)$4,18641 (17%)$3,6263 (1%)$10,453
2019-2020 (10%)$3,45320 (10%)$3,453--
2020-2125 (11%)$4,40125 (11%)$4,1081 (0%)$7,341
2021-2216 (8%)$4,38415 (8%)$4,0091 (1%)$10,000
Average44 (17.73%)$4,34143 (17.36%)$4,0643 (1.14%)$8,213

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