College Factual  by our College Data Analytics Team
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Can You Afford Eastern New Mexico University - Ruidoso Campus?

Concerned about paying for college? Take a look at ENMU - Ruidoso Campus’ 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 $8,618 & $15,590

Worried about paying the full cost of $15,590 to attend Eastern New Mexico University - Ruidoso Campus? That number can be deceiving, as the net amount most students will pay varies significantly.

For students living in New Mexico, the university offers a discount of 31.8% off tuition and fees. Also, 79.2% of freshmen receive some form of financial aid, with the average amount totaling $4,259. Students from low-income families receive an average of $6,132 in aid during their first year.

Cost for Residents of New Mexico (no aid)

Tuition and fees$1,804
+ Room and board$7,498
+ Other expenses$5,448
Total cost$14,750
Affordability Score (95 out of 100)
more expensive
less expensive

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

Total cost$14,750
- Grants and scholarships$4,259
Net price$10,491
Affordability Score (89 out of 100)
more expensive
less expensive

Average Net Price for Low Income Residents of New Mexico

Total cost$14,750
- Grants and scholarships$6,132
Net price$8,618
Affordability Score (89 out of 100)
more expensive
less expensive

Cost for Non-Residents (no aid)

Tuition and fees$2,644
+ Room and board$7,498
+ Other expenses$5,448
Total cost$15,590
Affordability Score (96 out of 100)
more expensive
less expensive

Net Price for Non-Residents (with average aid)

Total cost$15,590
- Grants and scholarships$4,259
Net price$11,331
Affordability Score (92 out of 100)
more expensive
less expensive

Average Net Price for Low Income Non-Resident Undergraduates

Total cost$15,590
- Grants and scholarships$6,132
Net price$9,458
Affordability Score (93 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at ENMU - Ruidoso Campus.

Projected Costs Between $34,150 and $84,106 For a Four Year Degree. Between $17,236 and $41,672 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 Eastern New Mexico University - Ruidoso Campus in 2020 - 2021 was $14,750. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 0.9% each year.

If this trend continues, we expect the full cost for incoming freshmen to be $15,020 during their first year. By their senior year, that cost will be approximately $15,433, for a bachelor degree candidate ($15,156 for an associate degree candidate) for a total of $60,904 over the course of four years ($30,176 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 $53,514 based on a yearly growth rate of -4.3%. The expected two-year cost is $27,935.

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 Eastern New Mexico University - Ruidoso Campus

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*-1.8%0.9%
Freshman year$8,618$10,111$15,020
Senior year$8,618$9,926$15,156
Total 2-year net price$17,236$20,036$30,176
10-year loan interest @ 6.8%$6,566$7,633$11,496
Total monthly payment$198$231$347
Total amount paid$23,802$27,669$41,672
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-1.8%0.9%
Freshman year$8,618$10,111$15,020
Senior year$8,618$9,566$15,433
Total 4-year net price$34,472$39,346$60,904
10-year loan interest @ 6.8%$13,133$14,989$23,202
Total monthly payment$397$453$701
Total amount paid$47,605$54,335$84,106

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*-7.9%-4.3%
Freshman year$9,458$9,616$14,275
Senior year$9,458$8,858$13,660
Total 2-year net price$18,916$18,473$27,935
10-year loan interest @ 6.8%$7,206$7,038$10,642
Total monthly payment$218$213$321
Total amount paid$26,122$25,511$38,577
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*-7.9%-4.3%
Freshman year$9,458$9,616$14,275
Senior year$9,458$7,517$12,508
Total 4-year net price$37,832$34,150$53,514
10-year loan interest @ 6.8%$14,413$13,010$20,387
Total monthly payment$435$393$616
Total amount paid$52,245$47,160$73,901

Visit net price and financial aid to learn more about the total cost of attending Eastern New Mexico University - Ruidoso Campus.

Further Questions to Consider

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