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What is the average loan amount at New Mexico State University Main Campus?

For the academic year 2022-2023, total 590 full-time, first-time students (30% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 2,968 students (26% of all students) have received federal student loans and the average loan amount is $5,570 at New Mexico State University-Main Campus.

Below tables show the number and amount by source of financial aid at New Mexico State University-Main Campus.
All Undergraduate Student Financial Aid at New Mexico State University-Main Campus
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid8,61477%$13,392
Pell Grants4,65641%$5,243
Federal Student Loans2,96826%$5,570
Beginning Students (Freshmen) Financial Aid at New Mexico State University-Main Campus
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,91996%-
Grants or Scholarship from All Sources1,90095%$13,168
Federal Grants99050%$5,656
Pell Grants98950%$5,423
Other Federal Grants26213%$900
State/Local Grants1,17059%$4,183
Institutional Grants1,72887%$8,406
Student Loans59030%$4,431
Federal Student Loans58129%$3,801
Other Student Loans432%$9,435

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