How NMSU's Financial Aid Changes

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 State University-Main Campus since 2011.

For that period, the average number of students who received grants aid/scholarships is 9,679, which is 77.36 % of all undergraduate students. 4,692 students which is 37.09% of undergraduate students received federal student loans and the average loan amount is $5,884.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	11,274 (78%)	$7,718	6,494 (45%)	$4,293	6,337 (44%)	$6,554
2012-13	11,040 (77%)	$8,284	6,198 (43%)	$4,305	6,335 (44%)	$6,595
2013-14	10,474 (77%)	$8,591	5,692 (42%)	$4,361	5,436 (40%)	$6,346
2014-15	9,884 (77%)	$9,337	5,459 (43%)	$4,391	5,173 (40%)	$6,458
2015-16	9,325 (74%)	$9,068	5,171 (41%)	$4,280	4,770 (38%)	$6,502
2016-17	9,287 (77%)	$9,026	4,974 (41%)	$4,360	4,539 (38%)	$6,293
2017-18	8,842 (75%)	$10,038	5,011 (43%)	$4,750	3,888 (33%)	$3,049
2018-19	9,107 (78%)	$11,204	5,327 (46%)	$5,153	4,341 (37%)	$6,055
2019-20	9,302 (80%)	$11,520	5,327 (46%)	$4,968	4,262 (37%)	$5,814
2020-21	9,321 (81%)	$11,932	5,118 (44%)	$5,111	3,560 (31%)	$5,489
2021-22	8,614 (77%)	$13,392	4,656 (41%)	$5,243	2,968 (26%)	$5,570
Average	9,679 (77.36%)	$10,010	5,402 (43.18%)	$4,656	4,692 (37.09%)	$5,884

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

For the last 12 years, on average, 1,954 (96.00 % of students) received grants or scholarships and its average amount is $10,331. It can cover 40.88% of tuition & fees ($25,271) based on out-of-state rate.

In addition, 732 (35.91 % of students) students get helped from the students loans (average amount : $4,520).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	2,045 (94%)	$7,827	877 (40%)	$4,723
2012-13	1,939 (95%)	$8,173	855 (42%)	$4,993
2013-14	1,816 (95%)	$8,753	656 (34%)	$4,993
2014-15	1,754 (95%)	$9,351	669 (36%)	$5,430
2015-16	1,827 (92%)	$9,386	665 (34%)	$4,913
2016-17	1,745 (96%)	$9,582	659 (36%)	$4,760
2017-18	2,006 (99%)	$12,028	649 (32%)	$1,734
2018-19	2,225 (99%)	$12,308	904 (40%)	$4,723
2019-20	2,126 (98%)	$11,550	867 (40%)	$4,795
2020-21	2,111 (98%)	$11,518	658 (31%)	$4,227
2021-22	1,900 (95%)	$13,168	590 (30%)	$4,431
Average	1,954 (96.00%)	$10,331	732 (35.91%)	$4,520

^*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, 961 (47.36 % of students) received Pell (federal) grants and its average amount is $4,803.

In addition, 1,319 students received State/local government grants/scholarships (65.27 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	999 (46%)	$4,388	63 (3%)	$998	1,416 (65%)	$3,833	1,028 (47%)	$5,966
2012-13	932 (46%)	$4,402	131 (6%)	$984	1,413 (69%)	$4,163	799 (39%)	$7,177
2013-14	821 (43%)	$4,448	142 (7%)	$917	1,331 (70%)	$4,252	744 (39%)	$8,675
2014-15	849 (46%)	$4,513	166 (9%)	$1,467	1,282 (69%)	$4,578	700 (38%)	$9,225
2015-16	883 (45%)	$4,325	191 (10%)	$1,258	1,304 (66%)	$4,326	1,198 (61%)	$6,217
2016-17	852 (47%)	$4,607	340 (19%)	$1,282	1,373 (75%)	$4,301	1,195 (65%)	$5,400
2017-18	982 (48%)	$5,010	452 (22%)	$1,164	1,517 (75%)	$4,577	1,327 (65%)	$8,847
2018-19	1,187 (53%)	$5,299	295 (13%)	$1,436	1,265 (56%)	$2,653	2,180 (97%)	$7,943
2019-20	1,062 (49%)	$5,108	216 (10%)	$925	1,285 (60%)	$2,654	2,077 (96%)	$7,472
2020-21	1,020 (48%)	$5,311	338 (16%)	$958	1,158 (54%)	$2,406	2,071 (97%)	$7,623
2021-22	989 (50%)	$5,423	262 (13%)	$900	1,170 (59%)	$4,183	1,728 (87%)	$8,406
Average	961 (47.36%)	$4,803	236 (11.64%)	$1,117	1,319 (65.27%)	$3,811	1,368 (66.45%)	$7,541

^*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, 732 (35.91 % of students) get any students loan help and its average loan amount is $732.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	877 (40%)	$4,723	866 (40%)	$4,523	38 (2%)	$5,930
2012-13	855 (42%)	$4,993	846 (42%)	$4,747	33 (2%)	$7,675
2013-14	656 (34%)	$4,993	642 (34%)	$4,753	31 (2%)	$7,220
2014-15	669 (36%)	$5,430	661 (36%)	$5,022	45 (2%)	$6,953
2015-16	665 (34%)	$4,913	649 (33%)	$4,562	39 (2%)	$7,856
2016-17	659 (36%)	$4,760	652 (36%)	$4,324	44 (2%)	$7,216
2017-18	649 (32%)	$1,734	643 (32%)	$1,630	19 (1%)	$4,086
2018-19	904 (40%)	$4,723	889 (39%)	$4,319	50 (2%)	$8,602
2019-20	867 (40%)	$4,795	855 (40%)	$4,206	67 (3%)	$8,377
2020-21	658 (31%)	$4,227	643 (30%)	$3,491	53 (2%)	$10,115
2021-22	590 (30%)	$4,431	581 (29%)	$3,801	43 (2%)	$9,435
Average	732 (35.91%)	$4,520	721 (35.55%)	$4,125	42 (2.00%)	$7,588

Scholarships, Grants, and Loan Trends at NMSU

All Undergraduate Students Financial Aid Over Time

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

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