New Mexico residents paid $1,626 to attend the two-year public institution this year – $48 more than the $1,578 charged for 2017-18.
Non-residents paid 351.3 percent more than residents this year, or $7,338. Their price tag grew 2.3 percent from $7,170 in 2017-18.
About 87 percent of the school's undergraduate population are New Mexico residents. And about 1 percent are residents of other states.
Data shows 80 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 1,567 students received grants or scholarships totaling $7.1 million and 223 students took out student loans totaling more than $610,814.
Including all undergraduates (23,553), 9,024 students used grants or scholarships totaling $43.8 million, and 2,617 students took out $9.2 million in federal student loans.
Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
---|---|---|---|---|---|---|
In-state | ~20,491 | $1,448 | $1,472 | $1,578 | $1,626 | 12.3% |
Out-of-state | ~236 | $6,704 | $6,848 | $7,170 | $7,338 | 9.5% |
Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
---|---|---|---|---|
Federal grants | 1,135 | 56% | $5,885,434 | $5,185 |
State / local grant or scholarship | 1,416 | 69% | $1,114,662 | $787 |
Institutional grants or scholarships | 285 | 14% | $118,339 | $415 |
Grant or scholarship aid total | 1,567 | 77% | $7,118,435 | $4,543 |
Federal student loans | 220 | 11% | $597,814 | $2,717 |
Other student loans | 3 | 0% | $13,000 | $4,333 |
Student loan aid | 223 | 11% | $610,814 | $2,739 |
Total student aid | 1,628 | 80% | - | - |