Regan Denison Clinical Director | LinkedIn
Regan Denison Clinical Director | LinkedIn
Data shows that students paid $8,403 on average to attend higher education courses at the time, $401 more than the previous school year.
Among the nine institutions providing full disclosure in the county, Brookline College-Albuquerque stood out with the highest tuition fees, reaching an average of $91,801. Carrington College-Albuquerque followed with an average of $56,400 per year. Central New Mexico Community College students were offered the lowest annual tuition fees at $2,103.
At the time, a total of $51.9 million in grants or scholarships were awarded to full-time undergraduates who started at the Bernalillo County universities in the 2022-23 school year. Additionally, federal student loans reached $9.1 million.
Currently there are 10 higher education institutions in Bernalillo County, including Carrington College-Albuquerque, Aveda Institute-New Mexico, and Pima Medical Institute-Albuquerque.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Of the 10 institutions in Bernalillo County, Southwestern Indian Polytechnic Institute did not provide detailed data on tuition fees.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
| Institution | Number of Students Receiving Grants | Total Amount of Grants Received | Average Amount of Grant Per Student | Number of Students Receiving Loans | Total Amount of Loans Received | Average Amount of Loans Per Student |
|---|---|---|---|---|---|---|
| A Better U Beauty Barber Academy | 65 | $232,460 | $3,576 | 65 | $253,788 | $3,904 |
| Central New Mexico Community College | 1,281 | $6,962,201 | $5,435 | 247 | $1,136,680 | $4,602 |
| Avenue Academy, A Cosmetology Institute | 37 | $225,600 | $6,097 | 36 | $237,070 | $6,585 |
| University of New Mexico-Main Campus | 3,369 | $41,275,507 | $12,252 | 649 | $4,150,383 | $6,395 |
| Aveda Institute-New Mexico | 59 | $253,363 | $4,294 | 57 | $305,680 | $5,363 |
| Pima Medical Institute-Albuquerque | 283 | $2,061,310 | $7,284 | 272 | $2,127,841 | $7,823 |
| Brookline College-Albuquerque | 22 | $116,741 | $5,306 | 22 | $216,984 | $9,863 |
| Paul Mitchell the School-Albuquerque | 20 | $107,903 | $5,395 | 25 | $159,307 | $6,372 |
| Southwestern Indian Polytechnic Institute | 47 | $317,010 | $6,745 | 0 | $0 | $0 |
| Carrington College-Albuquerque | 75 | $374,045 | $4,987 | 70 | $476,318 | $6,805 |
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