by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
What financial aid options does NMSU Grants offer, and what will you qualify for? Keep scrolling for answers.
New Mexico State University - Grants average financial aid offer for freshmen students is $5,607.00. Financial aid is provided to about 98% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at New Mexico State University - Grants.
In addition to scholarships, 79% of first-year students (42 total) got federal grant aid, averaging $5,249.00 per person.
The numbers and the graph following pertain to primarily federal grants, plus some local and state grants.
79% of first years at New Mexico State University - Grants (42 total) obtained a federal grant, averaging $5,249.00.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 54.72% | $7,325.00 |
| Income 30k-48k | 18.87% | $5,619.00 |
| Income 48k-75k | 5.66% | $3,435.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
98% of the 53 undergraduates at New Mexico State University - Grants receive some sort of grant aid. This is a total of about 52 students getting an average of $5,607.00 per person.The majority of which come in the form of Pell Grants.
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.