by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Uncover the various financial aid options provided by New Mexico Highlands University and determine which ones you may be eligible for by continuing your exploration.
New Mexico Highlands University average financial aid offer for freshmen students is $7,499.00. 96% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at New Mexico Highlands University.
As well as scholarships, 93% of first-year students (255 total) got a federal grant, for about $4,117.00 per person.
These scholarships and grants are composed of primarily federal grants, and some state and local awards.
93% of freshman students at New Mexico Highlands University (255 total) got a federal grant, averaging $4,117.00.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 23.64% | $9,736.00 |
| Income 30k-48k | 16.00% | $9,066.00 |
| Income 48k-75k | 11.64% | $7,706.00 |
| Income 75k-110k | 3.64% | $6,359.00 |
| Income 110k + | 1.09% | $3,439.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
96% of the 275 undergraduates at New Mexico Highlands University receive some sort of grant aid. This is a total of about 259 students getting an average of $7,499.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.