by our College Data Analytics TeamA large number of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Eastern New Mexico University-Roswell Campus can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financing options does ENMU - Roswell Campus offer, and what will you qualify for? Keep scrolling for more information. Scroll down to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Eastern New Mexico University-Roswell Campus.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Eastern New Mexico University-Roswell Campus, 87% of first-time, full-time freshmen received some form of financial aid (about 188 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $6,353 |
| Institutional grants & scholarships | 4% | $1,242 |
| Federal Pell grants | 61% | $6,055 |
| State/local grants | 75% | $1,829 |
| Federal student loans | 1% | $4,578 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, approximately 41% of the undergraduate population received grant aid that averaged $5,282 (covering around 834 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 41% | $5,282 |
| Federal Pell grants | 24% | $5,113 |
| Federal student loans | 2% | $4,993 |
For students living on campus and receiving title-IV aid, grants averaged $8,171.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,516 |
| $30,001 – $75,000 | $5,053 |
| Over $75,000 | $9,599 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $3,645 |
| Off-campus title-IV students | $4,171 |
For a customized cost estimate, visit ENMU - Roswell Campus’s online cost calculator: www.roswell.enmu.edu/financial-aid/?tabsid=finaidimportanttabs&tab=4&scrollto=netprice.
A typical borrower at ENMU - Roswell Campus leaves with $11,000 of federal student loans.
| 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 |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at ENMU - Roswell 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 |
Debt outcomes are not uniform — they shift with income, 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 |
A handful of calculated indicators summarize the debt outlook at ENMU - Roswell Campus.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at ENMU - Roswell Campus:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16363 |
| Total Stafford loan amount | $318,391,667 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 15 |
| Total GI Bill amount | $55,675 |
| Average GI Bill amount per recipient | $3,712 |
References
More about our data sources and methodologies.