Number Received Financial Aid (All Undergraduate)
9,380
Percent Received Financial Aid(All Undergraduate)
81%
Average Aid Amount
$14,997
Number Received Financial Aid (Freshmen)
2,242
Percent Received Financial Aid (Freshmen)
98%
Financial Aid Information at NMSU
For the academic year 2023-2024, a total of 9,380 students (81% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $14,997. For freshmen (Full-time, first-time degree-seeking undergraduate students), 2,242 students (98% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at New Mexico State University-Main Campus is $8,183 for New Mexico residents and $25,307 for out-of-state students, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 9,380 students (81% of all students) have received grants or scholarships and the average received aid amount is $14,997. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at New Mexico State University-Main Campus for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 9,380 | 81% | $14,997 |
| Pell Grants | 4,671 | 40% | $5,342 |
| Federal Student Loans | 2,652 | 23% | $5,385 |
Beginning Students Financial Aid
a total of 2,242 beginning students (98% of all freshmen) have received any financial aid and 2,241 students (98% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at New Mexico State University-Main Campus.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 2,242 | 98% | - |
| Grants or Scholarship from All Sources | 2,232 | 97% | $15,073 |
| Federal Grants | 1,112 | 49% | $5,701 |
| Pell Grants | 1,111 | 48% | $5,523 |
| Other Federal Grants | 224 | 10% | $907 |
| State/Local Grants | 1,635 | 71% | $7,736 |
| Institutional Grants | 1,683 | 73% | $8,707 |
| Student Loans | 616 | 27% | $5,131 |
| Federal Student Loans | 600 | 26% | $3,963 |
| Other Student Loans | 66 | 3% | $11,862 |
Student Headcounts by Tuition Rates
For academic year 2023-2024, total 1,665 have paid in-state tuition rates (73% of undergraduate students) and 624 students (27%) have paid the tuition & fee based on out-of-state rates at New Mexico State University-Main Campus.
| Type of Tuition Rate | Number of Students | Percent | Tuition & Fees |
|---|---|---|---|
| In-State Rate | 1,665 | 73% | $8,183 |
| Out-of-State Rate | 624 | 27% | $25,307 |
Students Headcount by Living Status
For academic year 2023-2024, total 1,635 full-time beginning students have enrolled and attended New Mexico State University-Main Campus. Among them, 850 students have lived on campus and 291 students lived off campus (without family). The following table shows the students count by living status and years.
| Living Status | 2021 | 2022 | 2023 |
|---|---|---|---|
| Living On-Campus | 535 | 650 | 850 |
| Living Off-Campus with Family | 436 | 336 | 422 |
| Living Off-Campus without Family | 476 | 260 | 291 |
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2023-2024 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 955 | 952 | $13,544,702 | $14,183 |
| $0 - $30,000 | 397 | 397 | $6,283,116 | $15,826 |
| $30,001 - $48,000 | 245 | 245 | $3,725,362 | $15,206 |
| $48,001 - $75,000 | 146 | 146 | $1,759,804 | $12,053 |
| $75,001 - $110,000 | 82 | 81 | $877,980 | $10,707 |
| $110,001 or more | 85 | 83 | $898,440 | $10,570 |
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