Cost of college went up for all students at New Mexico State University-Main Campus


In-state tuition and fees rose 3.5 percent for 2018-19 at New Mexico State University-Main Campus, according to recent data from the U.S. Department of Education.

New Mexico residents paid $6,686 to attend the four-year public institution this year – $225 more than the $6,461 charged for 2017-18.

Non-residents paid 225.6 percent more than residents this year, or $21,770. Their price tag grew 3.6 percent from $21,022 in 2017-18.

About 68 percent of the school's undergraduate population are New Mexico residents. About 30 percent are residents of other states and 2 percent are citizens of other countries.

Data shows 99 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 2,006 students received grants or scholarships totaling $24.1 million and 649 students took out student loans totaling more than $1.1 million.

Including all undergraduates (14,289), 8,842 students used grants or scholarships totaling $88.8 million, and 3,888 students took out $11.9 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
~9,717
$6,094
$6,094
$6,461
$6,686
9.7%
Out-of-state
~4,287
$19,652
$19,652
$21,022
$21,770
10.8%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at New Mexico State University-Main Campus 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
999
49%
$5,445,750
$5,451
State / local grant or scholarship
1,517
75%
$6,943,260
$4,577
Institutional grants or scholarships
1,327
65%
$11,739,425
$8,847
Grant or scholarship aid total
2,006
99%
$24,128,435
$12,028
Federal student loans
643
32%
$1,047,872
$1,630
Other student loans
19
1%
$77,633
$4,086
Student loan aid
649
32%
$1,125,505
$1,734
Total student aid
2,011
99%
-
-

Want to get notified whenever we write about New Mexico State University-Main Campus ?

Sign-up Next time we write about New Mexico State University-Main Campus, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

New Mexico State University-Main Campus

More News

Metro Business Network