by our College Data Analytics TeamBelow is the data on what it actually costs to attend New Mexico State University-Grants, from the published cost of attendance and projected degree cost through to net price, median student debt at graduation, default outcomes, and how aid varies by family income.
Use the section links below to navigate this overview:
The total cost of attendance at New Mexico State University-Grants varied between $15,593.00 and $17,489.00 based on in-state versus out-of-state status.
In-state students paid the lower published figure, while out-of-state students faced the higher one: about $15,593.00 in-state compared with $17,489.00 for those paying out-of-state rates.
The three scenarios below move from the full sticker price, to the net price after average aid, to the net price low-income students typically pay.
| Tuition and fees | $2,376.00 |
| + Room, board & other expenses | $13,217.00 |
| Total cost | $15,593.00 |
| That is 19% below the national average net price. |
| Total cost | $15,593.00 |
| − Grants and scholarships | −$8,446.00 |
| Net price | $7,147.00 |
| That is 63% below the national average net price. |
| Total cost | $15,593.00 |
| − Grants and scholarships | −$8,266.00 |
| Net price | $7,327.00 |
| That is 62% below the national average net price. |
| Tuition and fees | $4,272.00 |
| + Room, board & other expenses | $13,217.00 |
| Total cost | $17,489.00 |
| That is 9% below the national average net price. |
| Total cost | $17,489.00 |
| − Grants and scholarships | −$8,446.00 |
| Net price | $9,043.00 |
| That is 53% below the national average net price. |
| Total cost | $17,489.00 |
| − Grants and scholarships | −$8,266.00 |
| Net price | $9,223.00 |
| That is 52% below the national average net price. | |
| Explore each piece on tuition and fees and room and board. |
Costs have trended upward in recent years by around 1.4% a year, so a full degree will cost more than a single year — the tables below carry that forward. Below, the cost is projected across a degree for three students at once — low-income with aid, average aid, and no aid. Loan totals assume a ten-year repayment at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.4% | 1.4% | 1.4% |
| Freshman year | $7,427.00 | $7,245.00 | $15,806.00 |
| Senior year | $7,735.00 | $7,545.00 | $16,462.00 |
| Total 4-year net price | $30,322.00 | $29,577.00 | $64,529.00 |
| 10-year loan interest @ 6.8% | $11,551.00 | $11,268.00 | $24,583.00 |
| Total monthly payment | $349.00 | $340.00 | $743.00 |
| Total amount paid | $41,873.00 | $40,844.00 | $89,112.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.4% | 1.4% | 1.4% |
| Freshman year | $7,427.00 | $7,245.00 | $15,806.00 |
| Senior year | $7,528.00 | $7,343.00 | $16,021.00 |
| Total 2-year net price | $14,955.00 | $14,588.00 | $31,827.00 |
| 10-year loan interest @ 6.8% | $5,697.00 | $5,557.00 | $12,125.00 |
| Total monthly payment | $172.00 | $168.00 | $366.00 |
| Total amount paid | $20,653.00 | $20,145.00 | $43,952.00 |
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.4% | 1.4% | 1.4% |
| Freshman year | $9,349.00 | $9,166.00 | $17,728.00 |
| Senior year | $9,737.00 | $9,547.00 | $18,463.00 |
| Total 4-year net price | $38,168.00 | $37,423.00 | $72,375.00 |
| 10-year loan interest @ 6.8% | $14,541.00 | $14,257.00 | $27,572.00 |
| Total monthly payment | $439.00 | $431.00 | $833.00 |
| Total amount paid | $52,708.00 | $51,680.00 | $99,948.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 1.4% | 1.4% | 1.4% |
| Freshman year | $9,349.00 | $9,166.00 | $17,728.00 |
| Senior year | $9,476.00 | $9,291.00 | $17,970.00 |
| Total 2-year net price | $18,825.00 | $18,458.00 | $35,697.00 |
| 10-year loan interest @ 6.8% | $7,172.00 | $7,032.00 | $13,599.00 |
| Total monthly payment | $217.00 | $212.00 | $411.00 |
| Total amount paid | $25,997.00 | $25,490.00 | $49,297.00 |
See the full net-price breakdown in the net price section below.
Net price reflects the true cost to attend after grant and scholarship aid is deducted. For most families it is a more realistic figure than the published cost.
| Average net price (on-campus) | $68.00 |
| Average net price (off-campus) | $7,729.00 |
Net price is far from uniform: lower-income families typically pay much less after aid. Below, average net price is broken out by family income:
| Family income | Average net price |
|---|---|
| Under $30,000 | $7,136.00 |
| $30,000 to $48,000 | $8,026.00 |
| $48,001 to $75,000 | $9,702.00 |
For a personalized estimate, try the New Mexico State University-Grants Net Price Calculator, or check with the financial aid office.
Dig into how aid is awarded on the grants & scholarships detail.
The median graduating debt at New Mexico State University-Grants stands at $10,250.00, categorized as a Low ($10-20k) debt-burden bucket.
The percentile spread of debt at graduation is shown below:
| Percentile | Debt at graduation |
|---|---|
| 10th | $2,250.00 |
| 25th | $4,468.00 |
| Median (50th) | $10,250.00 |
| 75th | $23,359.00 |
| 90th | $36,728.00 |
The 10th-to-90th-percentile spread is one signal of how variable debt outcomes are across the student body.
Read the complete debt breakdown on the student loan debt detail.
Debt at graduation is far from uniform across income levels. Below, debt is broken out by low, middle, and high family income:
| Family income | Median debt at graduation |
|---|---|
| Low income | $10,688.00 |
| Middle income | $9,443.00 |
| High income | $10,250.00 |
Low-income borrowers graduate with $438.00 in extra median debt compared with high-income peers.
First-gen students typically face different financial-aid contexts than students whose parents attended college.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $10,000.00 |
| Continuing-generation students | $11,000.00 |
Pell Grant eligibility is a useful proxy for low-income status among undergraduates. The Pell vs non-Pell debt gap reveals how borrowing differs by need.
The median debt gap between Pell and non-Pell graduates of New Mexico State University-Grants works out to $3,500.00. This school carries a federal Pell-debt-inequity flag.
The default-rate category at New Mexico State University-Grants is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 15.3% |
To give some context for these rates, Stafford loans disbursed at New Mexico State University-Grants amount to $1,161,722,294.00 distributed across 55,370 recipients.
The data above is a foundation; round it out by asking yourself about New Mexico State University-Grants, the questions below are worth your time:
Explore the related pages below for a deeper look at the cost picture:
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.