univstats

How many students are received the students loans at New Mexico Military Institute?

For the academic year 2022-2023, total 16 full-time, first-time students (8% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 23 students (5% of all students) have received federal student loans and the average loan amount is $3,898 at New Mexico Military Institute.

Below tables show the number and amount by source of financial aid at New Mexico Military Institute.
All Undergraduate Student Financial Aid at New Mexico Military Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid36276%$10,725
Pell Grants11224%$4,742
Federal Student Loans235%$3,898
Beginning Students (Freshmen) Financial Aid at New Mexico Military Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid18397%-
Grants or Scholarship from All Sources18397%$9,762
Federal Grants15582%$3,362
Pell Grants5228%$4,443
Other Federal Grants14778%$1,974
State/Local Grants2413%$1,704
Institutional Grants16989%$7,245
Student Loans168%$4,384
Federal Student Loans158%$4,009
Other Student Loans11%$10,000

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

Know more about NMMI

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