New Mexico: aid after freshman year

Four-year colleges in New Mexico, ranked by the gap between the average freshman grant and the average grant in later years.

We have IPEDS 2022-23 grant data for 10 four-year colleges in New Mexico. At 5 of them, the average grant for continuing undergraduates was lower than the average freshman grant. The median gap was −$582 per recipient, compared with $1,064 nationally.

The largest gaps: Northern New Mexico College ($2,871), Eastern New Mexico University-Main Campus ($1,079), New Mexico Institute of Mining and Technology ($917). Median gap at public colleges: $238 (8 colleges); at private nonprofits: −$4,342 (2 colleges).

Explain the numbers

• Freshman grant: total grant aid to first-time, full-time freshmen divided by the number who got grants (2022-23).
• Later years: the same average for all other degree-seeking undergraduates who got grants, including transfers and part-time students.
• Drop: freshman average minus later-years average. Above zero means later-year recipients averaged less. In New Mexico, 5 of 10 colleges are above zero and 5 meet our traditional 4-year filter.
• Median: half of the colleges in New Mexico have a smaller drop than −$582, half larger.
• IPEDS data runs about two years behind; current-year prices come from state reports where available.

Averages across recipients, not a prediction for one student. Colleges with large part-time or online enrollment are marked; read the methodology.

Source: IPEDS SFA 2022-23.