$5,002

Avg. Federal Grant

$4,438

Avg. Federal Loan

$4,382,995

Total Aid Awarded

Eastern New Mexico University-Roswell Campus Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

30%

Total Aid Amount Average Total Aid Awarded per year.

$4.383M

Financial Aid Official Website

www.roswell.enmu.edu/financial-aid/

It is interesting to note that, every year, around 86% of students at ENMURC receive some kind of financial aid, while the total amount of assistance/loans provided is $196,865. For additional information about financial assistance schemes, one can head over to ENMURC’s financial aid page at http://www.roswell.enmu.edu/financial-aid/. The total percentage of candidates applying to Eastern New Mexico University-Roswell Campus who receive the Federal Grant is 75%. In comparison, 85% of the students are awarded the Student Grant, 8% get the Institution Grant, and 62% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,999, the State Grant receivers and Institution Grant beneficiaries get $1,074 and $3,959, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,170. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At ENMURC, an estimated number of 2% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

81%

State Grant Aid

52%

Institution Grant Aid

3%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$5,002

State Grant Aid

$897

Institution Grant Aid

$916

Pell Grant

$4,836

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,929

$30,001 - $48,000

$6,411

$48,001 - $75,000

$3,821

$75,001 - $110,000

$2,538

Over $110,000

$2,574

Student Loans for Eastern New Mexico University-Roswell Campus

Average Loan Amount Average Loan Amount received per year.

$4,235/Year

Students Taking Out Loans

5%

Loan Default Rate

N/A

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