New Mexico students paid $46,533 to attend the two-year private for-profit institution this year – $34,251 more than the $12,282 charged for 2017-18.
Data shows 69 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 168 students received grants or scholarships totaling $902,237 and 169 students took out student loans totaling more than $1.7 million.
Including all undergraduates (351), 250 students used grants or scholarships totaling $1.4 million, and 262 students took out $2.7 million in federal student loans.
The cost of attending
| Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
|---|---|---|---|---|---|---|
| In-state | ~211 | $14,053 | $13,978 | $12,282 | $46,533 | 231.1% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Carrington College-Albuquerque in 2015-16.| Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 154 | 52% | $670,839 | $4,356 |
| State / local grant or scholarship | 0 | 0% | $0 | - |
| Institutional grants or scholarships | 32 | 11% | $231,398 | $7,231 |
| Grant or scholarship aid total | 168 | 57% | $902,237 | $5,370 |
| Federal student loans | 169 | 57% | $1,575,655 | $9,323 |
| Other student loans | 10 | 3% | $90,732 | $9,073 |
| Student loan aid | 169 | 57% | $1,666,387 | $9,860 |
| Total student aid | 203 | 69% | - | - |
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