Avg. Federal Grant


Avg. Federal Loan


Total Aid Awarded

New Mexico State University (NMSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.


Total Aid Amount Average Total Aid Awarded per year.


Financial Aid Official Website


New Mexico State University (NMSU), Las Cruces, New Mexico, provides financial assistance on the basis of the family’s ability to contribute. Last year, the university awarded over $88,757,105 in financial aid through scholarships, grants, loans, and work-study assistance.


University provides scholarships on the basis of student’s academic achievements, proven leadership, and participation in extracurricular activities- both in their schools and their communities. NMSUs merit-based scholarships are offered through the following programs:

  • NMSU Merit Scholarship is awarded to the students based on the strength of their academic record

  • President’s Scholarship is offered to the fresher students of the university.

  • Dean’s Graduate Scholarship awarded to graduate students who have achieved academic achievements.

  • Faculty Scholarship, awarded to those who scored excellent high school grades.

  • University Scholarship awarded based on a combination of ACT/SAT scores.


Grants are gift assistance which is awarded on the basis of financial aid. Various grants awarded to the students at the university are as follows:

Federal Grants

  • Federal Pell Grant, awarded only to those students who have not earned a bachelor’s degree.

  • Federal Supplemental Educational Opportunity Grant(SEOG), this grant is awarded to those students who have less financial need.

State Grants

  • New Mexico Resident Scholarship, is awarded to the students who are residents of Mexico.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Average Aid Awarded

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


A federal grant is also an option for you if you meet the eligibility criteria, 49% of candidates cover up their expenses and the average of it is $5,451. The Pell grants average amount is $5,010 and serves 48% candidates.

In addition to these, the state grants also cover up the expenses of 75% of pupils and the average of it is  $4,577. You might depend upon the institutional scholarships and grants as almost 65% of all students get hold of them and the average of them is $8,847.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000


$30,001 - $48,000


$48,001 - $75,000


$75,001 - $110,000


Over $110,000


A student having an annual family income of less than $30,000 might face an aid amount of $11,931 as the net aid price. You will find this amount to be lowered up to $11,063 in case of an income between the range of $30,001-$48,000.

The aid price decreases gradually as we talk about higher income brackets. For example, a family income ranging from $48,001-$75,000 might make your net price look $8,215 and for a range of $75,001-$110,000, your net aid price will amount to $6,353.

Student Loans for New Mexico State University (NMSU)

Average Loan Amount Average Loan Amount received per year.


Students Taking Out Loans


Loan Default Rate


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