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What is the average loan amount at New Mexico Highlands University?

For the academic year 2022-2023, total 105 full-time, first-time students (72% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 938 students (61% of all students) have received federal student loans and the average loan amount is $6,525 at New Mexico Highlands University.

Below tables show the number and amount by source of financial aid at New Mexico Highlands University.
All Undergraduate Student Financial Aid at New Mexico Highlands University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,541100%$8,211
Pell Grants77450%$5,491
Federal Student Loans93861%$6,525
Beginning Students (Freshmen) Financial Aid at New Mexico Highlands University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid146100%-
Grants or Scholarship from All Sources146100%$9,093
Federal Grants7954%$6,618
Pell Grants7954%$5,326
Other Federal Grants3625%$2,836
State/Local Grants5638%$2,916
Institutional Grants11881%$5,436
Student Loans10572%$4,527
Federal Student Loans10371%$4,397
Other Student Loans21%$11,205

Know more about New Mexico Highlands

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