by our College Data Analytics TeamIs NMMI worth the money? College Factual’s value analysis weighs the quality of education against the cost. Here is the verdict.
NMMI is ranked #97 out of 3,211 schools for value nationwide, earning a value grade of B+ (above average for value). Within New Mexico, it ranks #3 of 33 for value.
Read the full NMMI value report below — how it ranks within its state, how it ranks nationwide, what a degree actually costs, and whether it makes financial sense.
New Mexico Military Institute is ranked #3 out of #32 in New Mexico for quality and #3 out of #33 for New Mexico value.
Live in-state? You may qualify for a reduced price. Check the NMMI financial aid page to be sure.
New Mexico Military Institute is ranked #97 out of 3,211 for value nationwide.
New Mexico Military Institute is priced competitively for the quality of education it provides, earning it a good value recognition from College Factual.
Averaged across all students — those who receive aid and those who pay full price — a year at NMMI costs about $5,299. Over a standard four-year bachelor's program, that adds up to an estimated $21,194 for the degree.
| Amount | |
|---|---|
| Sticker Price (before aid) | $19,121 / year |
| Net Price (students receiving aid) | $4,571 / year |
| Average Cost (all students) | $5,299 / year |
| Estimated 4-Year Cost | $21,194 |
*The average cost weights the net price paid by aid recipients against the sticker price paid by everyone else. The 4-year figure assumes the standard bachelor's length; your actual time to graduate and price may differ.
Your price depends heavily on your family income and the aid you qualify for. See the NMMI net price page for a fuller breakdown of what you might actually pay.
The price you actually pay depends on your circumstances — most students do not pay the full sticker price.
Here is how the estimated 4-year cost of a NMMI degree breaks down by aid group, against its national value ranking.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $76,484 | — | — |
| All Students | $21,194 | #97 | B+ |
| Only Students Receiving Aid | $18,284 | — | — |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $76,484 | — | — |
| All Students | $21,194 | #3 | B+ |
| Only Students Receiving Aid | $18,284 | — | — |
*College Factual publishes a single overall value ranking (the All Students row). The cost rows show what each aid group pays toward the same degree.
You can also see how the average net price at NMMI shifts with family income:
| Family Income | Avg Net Price / Year |
|---|---|
| $0–$30K | $2,748 |
| $30K–$48K | $4,263 |
| $48K–$75K | $5,727 |
| $75K–$110K | $15,409 |
| Over $110K | $9,685 |
About 95% of NMMI undergraduates receive grant or scholarship aid, averaging $11,881 per year. Get more details on the NMMI financial aid you may qualify for.
College Factual calculates value by comparing the average NMMI cost of a degree against other schools of a similar quality. If the school is priced fairly for the educational quality it provides, it receives a fair ranking; if it is underpriced, it earns a good or excellent value.
Read the full Best for the Money Ranking Methodology.