As many as 97% of the students at ENMUMC get some sort of financial aid, and the total amount of assistance/loans provided is more than $8,531,089 in a year. For additional information about financial assistance schemes, one can head over to ENMUMC’s financial aid page at http://enmu.edu/services/financialaid/. The total percentage of candidates applying to Eastern New Mexico University-Main Campus who receive the Federal Grant is 51%. On the other hand, 96% of the candidates get the Student Grant, 29% receive the Institution Grant, and 51% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,855, while the same comes to $4,248 for State Grant receivers and $1,390 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,415. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 37% of the applicants to Eastern New Mexico University-Main Campus opt for student loans.