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Financial Aid Comparison Between Best Colleges in New Mexico

All UndergraduateBeginning Students

Financial Aid Statistics Comparison

For all undergraduate students, the average percent receiving aid is 82.88 % and the average aid amount is $11,732. The financial aid includes Federal (Pell and other federal), state, local, institutional or other grant aid, and federal student loans. Next table compares the total number and percentage of undergraduate students who received any financial aid between best schools in New Mexico for academic year 2022-2023.

All Undergraduate Financial Aid Statistics Between Best Schools In New Mexico
RankNameNumber Receiving AidPercent Receiving AidAverage Amount
1 New Mexico Institute of Mining and Technology
1,03483%$10,530
2 St. John's College
35998%$26,139
3 University of New Mexico-Main Campus
15,16496%$7,868
4 New Mexico State University-Main Campus
8,61477%$13,392
5 Eastern New Mexico University-Main Campus
1,86350%$7,505
6 University of the Southwest
381100%$9,736
7 New Mexico Highlands University
1,541100%$8,211
8 Western New Mexico University
1,17259%$10,473
Average3,76682.88%$11,732

Beginning Students Financial Aid

For first-time, full-time beginning students, the average percent of receiving grant and/or scholarship is 12.06 % and the average grant amount is $1,411. This includes grants or scholarship from all sources - federal (pell grants and other federal grants), state/local, and institutions. The average percent of students who receiving student loans (federal and other student loans) is 5.88 % and the average loan amount is $651. Next table compares the financial aid statistics for first-time, full-time undergraduate students (freshmen) between best schools in New Mexico for academic year 2022-2023.

Beginning Student Financial Aid Comparison Between Best Schools In New Mexico
RankNameGrants/ScholarshipsStudent Loans
Number Receiving Aid (Percentage)Average AmountNumber Receiving Aid (Percentage)Average Amount
1 New Mexico Institute of Mining and Technology
292
(99%)
$10,293125
(42%)
$4,925
2 St. John's College
113
(95%)
$22,42358
(49%)
$5,503
3 University of New Mexico-Main Campus
2,896
(97%)
$9,2801,728
(58%)
$5,724
4 New Mexico State University-Main Campus
1,900
(95%)
$13,168590
(30%)
$4,431
5 Eastern New Mexico University-Main Campus
327
(97%)
$8,71984
(25%)
$4,975
6 University of the Southwest
116
(100%)
$8,36572
(62%)
$6,218
7 New Mexico Highlands University
146
(100%)
$9,093105
(72%)
$4,527
8 Western New Mexico University
184
(89%)
$8,96778
(38%)
$5,337
Average747
(96.50%)
$11,289355
(47.00%)
$5,205
The ranking data is provided by CollegeEvaluator. We compare the schools that ranked top 10 in New Mexicoand in top 500 ranking for all colleges and universities in United States.