Scholarships, Grants, and Loan Trends at Western New Mexico

7%

Received Percent Changed

$3,476

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,468, which is 64.00 % of all undergraduate students. 887 students which is 38.11% of undergraduate students received federal student loans and the average loan amount is $6,884.

For full-time, first-time beginning students (freshmen), 93.56% of students received grants or scholarships and 45% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Western New Mexico University since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,468, which is 64.00 % of all undergraduate students. 887 students which is 38.11% of undergraduate students received federal student loans and the average loan amount is $6,884.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,768 (62%)$11,0861,258 (44%)$4,3821,081 (38%)$7,378
2015-161,598 (64%)$12,2251,138 (46%)$4,297990 (40%)$7,763
2016-171,524 (61%)$12,2551,059 (42%)$4,5111,659 (66%)$4,429
2017-181,359 (63%)$7,5241,050 (48%)$4,405927 (43%)$8,275
2018-191,458 (65%)$7,4001,040 (46%)$4,539872 (39%)$7,490
2019-201,311 (59%)$8,780958 (43%)$4,450740 (33%)$7,118
2020-211,378 (74%)$6,764821 (44%)$4,455622 (33%)$6,911
2021-221,172 (59%)$10,473794 (40%)$4,534572 (29%)$6,602
2022-231,642 (69%)$14,562995 (42%)$4,888523 (22%)$5,991
Average1,468 (64.00%)$10,1191,013 (43.89%)$4,496887 (38.11%)$6,884
*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.

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

For the last 10 years, on average, 237 (93.56 % of students) received grants or scholarships and its average amount is $8,643. It can cover 60.27% of tuition & fees ($14,341) based on out-of-state rate.

In addition, 115 (45.00 % of students) students get helped from the students loans (average amount : $5,661).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15306 (89%)$7,043165 (48%)$5,614
2015-16249 (93%)$8,929139 (52%)$6,734
2016-17257 (95%)$9,087133 (49%)$5,597
2017-18260 (94%)$8,201142 (51%)$6,552
2018-19229 (93%)$9,758132 (54%)$6,217
2019-20224 (94%)$5,710100 (42%)$3,319
2020-21168 (96%)$8,21371 (41%)$6,030
2021-22184 (89%)$8,96778 (38%)$5,337
2022-23254 (99%)$11,87978 (30%)$5,545
Average237 (93.56%)$8,643115 (45.00%)$5,661
*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 10 years, on average, 159 (61.78 % of students) received Pell (federal) grants and its average amount is $4,626.

In addition, 123 students received State/local government grants/scholarships (49.11 % 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
2014-15232 (68%)$4,38320 (6%)$1,180103 (30%)$2,406139 (41%)$6,236
2015-16182 (68%)$4,72120 (7%)$1,800113 (42%)$2,502141 (52%)$7,414
2016-17189 (70%)$4,71314 (5%)$1,77396 (36%)$2,550137 (51%)$8,577
2017-18184 (66%)$4,64231 (11%)$915177 (64%)$1,687136 (49%)$6,994
2018-19158 (64%)$4,70139 (16%)$1,047114 (46%)$2,274128 (52%)$9,310
2019-20149 (62%)$2,70322 (9%)$468165 (69%)$2,561100 (42%)$4,435
2020-2191 (52%)$5,197143 (82%)$65972 (41%)$2,88479 (45%)$7,658
2021-22108 (52%)$5,18825 (12%)$1,71595 (46%)$4,17490 (44%)$7,225
2022-23139 (54%)$5,39030 (12%)$1,775175 (68%)$8,57390 (35%)$7,937
Average159 (61.78%)$4,62638 (17.78%)$1,259123 (49.11%)$3,290116 (45.67%)$7,310
*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 10 years, on average, 115 (45.00 % of students) get any students loan help and its average loan amount is $115.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15165 (48%)$5,614163 (48%)$5,5604 (1%)$5,000
2015-16139 (52%)$6,734139 (52%)$6,3737 (3%)$7,158
2016-17133 (49%)$5,597131 (49%)$5,3636 (2%)$6,983
2017-18142 (51%)$6,552136 (49%)$6,5486 (2%)$6,662
2018-19132 (54%)$6,217128 (52%)$5,6157 (3%)$14,562
2019-20100 (42%)$3,31999 (41%)$2,78911 (5%)$5,075
2020-2171 (41%)$6,03070 (40%)$5,7104 (2%)$7,094
2021-2278 (38%)$5,33778 (38%)$5,0633 (1%)$7,127
2022-2378 (30%)$5,54578 (30%)$5,4681 (0%)$6,000
Average115 (45.00%)$5,661114 (44.33%)$5,3885 (2.38%)$7,296

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