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What is the average loan amount at Otero College?

For the academic year 2022-2023, total 41 full-time, first-time students (25% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 211 students (18% of all students) have received federal student loans and the average loan amount is $5,748 at Otero College.

Below tables show the number and amount by source of financial aid at Otero College.
All Undergraduate Student Financial Aid at Otero College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid81371%$7,120
Pell Grants39734%$5,567
Federal Student Loans21118%$5,748
Beginning Students (Freshmen) Financial Aid at Otero College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid16499%-
Grants or Scholarship from All Sources16499%$9,132
Federal Grants16198%$3,984
Pell Grants7244%$5,698
Other Federal Grants16198%$1,436
State/Local Grants5835%$1,559
Institutional Grants14990%$5,140
Student Loans4125%$4,604
Federal Student Loans4125%$4,604
Other Student Loans00%$0

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