$4,765

Avg. Federal Grant

$5,446

Avg. Federal Loan

$2,059,239

Total Aid Awarded

University of New Mexico-Los Alamos Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$2.059M

Financial Aid Official Website

losalamos.unm.edu/students/financial-aid/index.html

It is interesting to note that, every year, around 88% of students at UNMLAC receive some kind of financial aid, while the total amount of assistance/loans provided is $41,137. For additional information about financial assistance schemes, one can head over to UNMLAC’s financial aid page at http://losalamos.unm.edu/students/financial-aid/index.html. The total percentage of candidates applying to University of New Mexico-Los Alamos Campus who receive the Federal Grant is 42%. On the other hand, 88% of the candidates get the Student Grant, 11% receive the Institution Grant, and 42% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,584, the State Grant receivers and Institution Grant beneficiaries get $1,110 and $712, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,765. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

34%

State Grant Aid

71%

Institution Grant Aid

16%

Pell Grant

34%

Average Aid Awarded

Federal Grant Aid

$4,765

State Grant Aid

$1,265

Institution Grant Aid

$516

Pell Grant

$4,765

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,772

$30,001 - $48,000

$4,453

$48,001 - $75,000

$1,603

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for University of New Mexico-Los Alamos

Average Loan Amount Average Loan Amount received per year.

$5,446/Year

Students Taking Out Loans

6%

Loan Default Rate

N/A

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