by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Uncover the various financial aid options provided by NMSU Carlsbad and determine which ones you may be eligible for by continuing your exploration.
New Mexico State University - Carlsbad average financial aid offer for freshmen students is $4,446.00. Approximately 84% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at New Mexico State University - Carlsbad.
In addition to scholarships, 48% of first years (49 total) were awarded federal grant aid, averaging $5,183.00 each.
These grants and scholarships consist of mostly federal grants, as well as some local and state awards.
48% of freshman students at New Mexico State University - Carlsbad (49 total) got a federal grant, averaging $5,183.00.
Amount of Financial Assistance Per Income Level
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 34.31% | $7,240.00 |
| Income 30k-48k | 7.84% | $5,905.00 |
| Income 48k-75k | 3.92% | $4,078.00 |
| Income 75k-110k | 0.98% | $838.00 |
| Income 110k + | 1.96% | $585.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 102 undergraduate students at New Mexico State University - Carlsbad around 84% (85 total) receive some form of grant aid. The typical amount awarded was $4,446.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
