by our College Data Analytics TeamMany students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Eastern New Mexico University-Main Campus can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does ENMU - Main Campus offer, and what will you qualify for? Keep scrolling for more information. Scroll down to find out what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Eastern New Mexico University-Main Campus.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Eastern New Mexico University-Main Campus, 99% of entering full-time freshmen got some type of financial assistance around 473 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $11,757 |
| Institutional grants & scholarships | 74% | $4,071 |
| Federal Pell grants | 55% | $5,589 |
| State/local grants | 89% | $5,954 |
| Federal student loans | 20% | $4,696 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, around 63% of undergraduates were awarded an average grant or scholarship of $9,891 (across approximately 2566 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $9,891 |
| Federal Pell grants | 36% | $5,196 |
| Federal student loans | 19% | $6,662 |
For students living on campus and receiving title-IV aid, grants averaged $14,036.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,116 |
| $30,001 – $75,000 | $6,273 |
| Over $75,000 | $9,769 |
Remember these are net prices — what families pay after gift aid, not before.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $4,904 |
| Off-campus title-IV students | $6,199 |
For an estimate tailored to your family circumstances, see ENMU - Main Campus’s net price calculator: www.enmu.edu/financial-aid/net-price-calculator.
Graduating students at ENMU - Main Campus carry a median federal student debt of $11,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,000 |
| Median federal debt (graduates only) | $16,500 |
| Typical 10-year monthly payment (graduates) | $174.93/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at ENMU - Main Campus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,150 |
| 25th percentile | $3,550 |
| 75th percentile | $18,484 |
| 90th percentile (highest-debt students) | $29,849 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $10,752 |
| Middle income | $11,000 |
| High income | $11,512 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,000 |
| Continuing-generation students | $11,473 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,382 |
| Independent students | $12,500 |
The figure below distills the debt data into a single burden category for ENMU - Main Campus.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at ENMU - Main Campus:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16363 |
| Total Stafford loan amount | $318,391,667 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 76 |
| Total GI Bill amount | $265,185 |
| Average GI Bill amount per recipient | $3,489 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 73 |
| Total DoD amount | $130,272 |
| Average DoD amount per recipient | $1,785 |
References
More about our data sources and methodologies.