by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Uncover the various financial aid options provided by Northern New Mexico College and determine which ones you may be eligible for by continuing your exploration.
$7,121.00 is the typical Northern New Mexico College’s first year financial aid package. A significant 99% of freshmen benefit from financial aid, with the main type being 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.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Northern New Mexico College you could end up dealing with.
In addition to scholarships, 99% of freshman students (137 total) obtained federal grant aid, averaging $4,024.00 a piece.
These grants and scholarships are made up of mainly federal grants, plus some state and local awards.
99% of freshmen at Northern New Mexico College (137 total) received a federal grant, averaging $4,024.00.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 60.14% | $5,595.00 |
| Income 30k-48k | 13.04% | $4,974.00 |
| Income 48k-75k | 5.07% | $1,978.00 |
| Income 75k-110k | 2.90% | $2,661.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 138 undergraduate students at Northern New Mexico College around 99% (137 total) receive some form of grant aid. The typical amount awarded was $7,121.00.The majority of which come in the form 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.