College Factual  by our College Data Analytics Team
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Can You Really Afford New Mexico Junior College?

This guide covers the real cost of attending New Mexico Junior College, including attendance costs, projected four- and two-year degree costs, average net price, debt outcomes, and how aid is distributed across income levels.

$9,150.00 Cost of Attendance
$6,524.00 Avg Net Price
$5,500.00 Median Grad Debt

Want a specific number? Skip ahead to any section using the links below:

What You Will Pay to Attend New Mexico Junior College?

Attendance costs at New Mexico Junior College fell between $9,150.00 and up to $9,510.00 based on in-state versus out-of-state status.

Where you live mattered — in-state students paid less than out-of-state students: close to $9,150.00 in-state against $9,510.00 for those paying out-of-state rates.

The blocks below show what you would pay with no aid, with average aid, and as a low-income student.

Cost for Residents (no aid)

Tuition and fees $1,920.00
+ Room, board & other expenses $7,230.00
Total cost $9,150.00
That is 52% below the national average net price.

Average Net Price for Residents (with average aid)

Total cost $9,150.00
− Grants and scholarships −$2,734.00
Net price $6,416.00
That is 67% below the national average net price.

Net Price for Low-Income Residents

Total cost $9,150.00
− Grants and scholarships −$3,258.00
Net price $5,892.00
That is 69% below the national average net price.

The Full Cost for Non-Residents (no aid)

Tuition and fees $2,280.00
+ Room, board & other expenses $7,230.00
Total cost $9,510.00
That is 51% below the national average net price.

After-Aid Net Price for Non-Residents (with average aid)

Total cost $9,510.00
− Grants and scholarships −$2,734.00
Net price $6,776.00
That is 65% below the national average net price.

Average Net Price for Low-Income Non-Residents

Total cost $9,510.00
− Grants and scholarships −$3,258.00
Net price $6,252.00
That is 68% below the national average net price.
Want the line-by-line detail? Dig into tuition and fees and room and board.

Projected Cost of a Degree at New Mexico Junior College

Below, a full degree is projected forward at today’s cost. The projections below run a full degree for a low-income aided student, an average-aid student, and the full sticker price. Loan math assumes ten-year repayment at 6.8% interest.

In-State Projected Costs

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 0% 0% 0%
Freshman year $5,892.00 $6,416.00 $9,150.00
Senior year $5,892.00 $6,416.00 $9,150.00
Total 4-year net price $23,568.00 $25,664.00 $36,600.00
10-year loan interest @ 6.8% $8,979.00 $9,777.00 $13,943.00
Total monthly payment $271.00 $295.00 $421.00
Total amount paid $32,547.00 $35,441.00 $50,543.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 0% 0% 0%
Freshman year $5,892.00 $6,416.00 $9,150.00
Senior year $5,892.00 $6,416.00 $9,150.00
Total 2-year net price $11,784.00 $12,832.00 $18,300.00
10-year loan interest @ 6.8% $4,489.00 $4,889.00 $6,972.00
Total monthly payment $136.00 $148.00 $211.00
Total amount paid $16,273.00 $17,721.00 $25,272.00

Out-of-State Projected Costs

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 0% 0% 0%
Freshman year $6,252.00 $6,776.00 $9,510.00
Senior year $6,252.00 $6,776.00 $9,510.00
Total 4-year net price $25,008.00 $27,104.00 $38,040.00
10-year loan interest @ 6.8% $9,527.00 $10,326.00 $14,492.00
Total monthly payment $288.00 $312.00 $438.00
Total amount paid $34,535.00 $37,430.00 $52,532.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 0% 0% 0%
Freshman year $6,252.00 $6,776.00 $9,510.00
Senior year $6,252.00 $6,776.00 $9,510.00
Total 2-year net price $12,504.00 $13,552.00 $19,020.00
10-year loan interest @ 6.8% $4,764.00 $5,163.00 $7,246.00
Total monthly payment $144.00 $156.00 $219.00
Total amount paid $17,268.00 $18,715.00 $26,266.00
Jump to the net-price detail in the Net Price section.

What Families Actually Pay at New Mexico Junior College

Net price is what students actually pay after grants and scholarships are subtracted from the published sticker price. For most prospective students, net price gives a more realistic estimate than sticker tuition.

Average net price (on-campus) $6,524.00
Average net price (off-campus) $6,431.00

The real cost varies by income because need-based aid scales with financial need. Here is the average net price for each family-income range:

Family income Average net price
Under $30,000 $5,806.00
$30,000 to $48,000 $6,386.00
$48,001 to $75,000 $7,488.00
$75,001 to $110,000 $8,107.00
Over $110,000 $8,826.00

Use New Mexico Junior College Net Price Calculator, or get in touch with the financial aid office.

Want to know how that aid is awarded? See the financial aid page.

How Much Do Students Borrow at New Mexico Junior College

Median graduate debt at New Mexico Junior College comes to $5,500.00, landing it in the Very Low (<$10k) burden category.

The percentile breakdown reveals the full debt landscape:

Percentile Debt at graduation
10th $1,500.00
25th $2,266.00
Median (50th) $5,500.00
75th $7,652.00
90th $12,542.00

How far apart the 10th and 90th percentiles sit tells you how uneven debt outcomes are.

Explore borrowing, repayment, and default in detail on the student loan debt detail.

Debt by Family Income at New Mexico Junior College

Student debt at graduation is not evenly distributed across income levels. The figures below split graduating borrowers into three income brackets:

Family income Median debt at graduation
Low income $6,500.00
Middle income $4,500.00
High income $5,500.00

Borrowers from lower-income families leave school with $1,000.00 more than graduates from high-income families.

First-Generation Debt Outcomes at New Mexico Junior College

Whether your parents attended college is associated with differences in median debt at graduation.

Student group Median debt at graduation
First-generation students $5,500.00
Continuing-generation students $5,500.00

Pell-Eligible Debt Outcomes at New Mexico Junior College

The Pell Grant is the main federal need-based award for undergraduates. Looking at Pell recipients versus non-recipients tells us how debt is distributed across need.

The median debt gap between Pell and non-Pell graduates of New Mexico Junior College comes to $500.00. The Department of Education flags this school for a Pell-debt-inequity pattern.

Default and Repayment Outcomes at New Mexico Junior College

The default-rate category at New Mexico Junior College is Low (<5%).

Window Cohort default rate
2-year 22.1%

For scale, federal Stafford loan disbursements at New Mexico Junior College total $24,538,730.00 distributed across 2,693 student borrowers.

Questions to Ask Before You Commit

Beyond the data above, it helps to ask a few questions when weighing New Mexico Junior College, the questions below are worth your time:

Keep Researching into New Mexico Junior College

Dig further into the cost picture with the related pages below:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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