College Factual  by our College Data Analytics Team
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Can You Afford Central New Mexico Community College?

Concerned about paying for college? Take a look at Central New Mexico Community College’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

Attendance Costs in 2020 - 2021 Varied Between $6,381 & $19,092

Worried about paying the full cost of $19,092 to attend Central New Mexico Community College? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in New Mexico, the college offers a discount of 77.7% off tuition and fees. Also, 80.7% of freshmen receive some form of financial aid, with the average amount totaling $4,880. Students from low-income families receive an average of $6,951 in aid during their first year.

Cost for Residents of New Mexico (no aid)

Tuition and fees$1,650
+ Room and board$6,648
+ Other expenses$5,034
Total cost$13,332
Affordability Score (97 out of 100)
more expensive
less expensive

Net Price for Residents of New Mexico (with average aid)

Total cost$13,332
- Grants and scholarships$4,880
Net price$8,452
Affordability Score (95 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of New Mexico

Total cost$13,332
- Grants and scholarships$6,951
Net price$6,381
Affordability Score (96 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$7,410
+ Room and board$6,648
+ Other expenses$5,034
Total cost$19,092
Affordability Score (88 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$19,092
- Grants and scholarships$4,880
Net price$14,212
Affordability Score (84 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$19,092
- Grants and scholarships$6,951
Net price$12,141
Affordability Score (85 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Central New Mexico Community College.

Projected Costs Between $25,524 and $116,579 For a Four Year Degree. Between $12,762 and $56,629 For a Two Year Degree.

It can be a bit scary to look at the total projected cost of a college education over the course of a multi-year degree, however, doing so will help you better understand the financial commitment you are making.

The overall cost for on-campus, in-state students to attend Central New Mexico Community College in 2020 - 2021 was $13,332. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 3.5% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $14,284 during their first year. By their senior year, that cost will be approximately $15,842, for a bachelor degree candidate ($14,786 for an associate degree candidate) for a total of $60,217 over the course of four years ($29,070 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

The cost for out-of-state students is more, with an overall expected four-year cost of $84,419 based on a yearly growth rate of 2.9%. The expected two-year cost is $41,007.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Central New Mexico Community College

Cost With Interest for Residents of New Mexico

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.1%3.5%
Freshman year$6,381$8,991$14,284
Senior year$6,381$9,273$14,786
Total 2-year net price$12,762$18,265$29,070
10-year loan interest @ 6.8%$4,862$6,958$11,075
Total monthly payment$147$210$335
Total amount paid$17,624$25,223$40,145
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*3.1%3.5%
Freshman year$6,381$8,991$14,284
Senior year$6,381$9,865$15,842
Total 4-year net price$25,524$37,694$60,217
10-year loan interest @ 6.8%$9,724$14,360$22,940
Total monthly payment$294$434$693
Total amount paid$35,248$52,054$83,157

Cost With Interest for Out-Of-State Residents

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*2.5%2.9%
Freshman year$12,141$14,920$20,211
Senior year$12,141$15,287$20,796
Total 2-year net price$24,282$30,207$41,007
10-year loan interest @ 6.8%$9,251$11,508$15,622
Total monthly payment$279$348$472
Total amount paid$33,533$41,714$56,629
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*2.5%2.9%
Freshman year$12,141$14,920$20,211
Senior year$12,141$16,048$22,015
Total 4-year net price$48,564$61,918$84,419
10-year loan interest @ 6.8%$18,501$23,588$32,160
Total monthly payment$559$713$971
Total amount paid$67,065$85,506$116,579

Visit net price and financial aid to learn more about the total cost of attending Central New Mexico Community College.

Further Questions to Consider

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