For the academic year 2022-2023, total 293 full-time, first-time students (99% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 1,034 students (83% of all students) received grants or scholarships and the average grant amount is $10,530. In addition, 500 students received student loans and the average loan amount is $5,658.
Below tables show the number and amount by source of financial aid at New Mexico Institute of Mining and Technology.
For all undergraduate students, total 1,034 students (83% of all students) received grants or scholarships and the average grant amount is $10,530. In addition, 500 students received student loans and the average loan amount is $5,658.
Below tables show the number and amount by source of financial aid at New Mexico Institute of Mining and Technology.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,034 | 83% | $10,530 |
| Pell Grants | 404 | 32% | $5,209 |
| Federal Student Loans | 500 | 40% | $5,658 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 293 | 99% | - |
| Grants or Scholarship from All Sources | 292 | 99% | $10,293 |
| Federal Grants | 100 | 34% | $5,524 |
| Pell Grants | 99 | 33% | $5,027 |
| Other Federal Grants | 68 | 23% | $804 |
| State/Local Grants | 241 | 81% | $4,764 |
| Institutional Grants | 270 | 91% | $4,833 |
| Student Loans | 125 | 42% | $4,925 |
| Federal Student Loans | 122 | 41% | $4,605 |
| Other Student Loans | 5 | 2% | $10,754 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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- How many students are received any financial aid at New Mexico Institute of Mining and Technology?
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- What is the average financial aid amount at New Mexico Institute of Mining and Technology?
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