It is interesting to note that, every year, a substantial number of students at NUNM receive some kind of financial aid, and the total amount of the assistance/loans provided stands at $206,125. More information regarding the financial assistance schemes can be accessed on NUNM’s official financial aid page at http://studentservices.nunm.edu/financial-aid/. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,812. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.