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Find Out the Total Otero Junior College Costs

How much does it cost to go to Otero Junior College?

On this page you'll get a better understanding of what college costs you'll actually have to pay out of pocket, which can vary widely based on where you live and your income level.

Why is Net Price Important?

Few students will pay the full advertised sticker price of Otero Junior College. The Net Price is an estimate of how much the average student actually pays to attend college for one year.

To calculate this number we take the total cost of attendance of Otero Junior College including tuition, fees, room, board and other expenses. Then we subtract out the average amount of aid awarded per student.

Undergraduate Net Price Unknown

We wanted to talk about the net price for all undergraduates (not just freshmen), but that information was not available for Otero Junior College.

Breakdown of College Costs for Freshmen

76% of freshman students paid in-state tuition. Of these in-state students, 100% received an average of $6,450 in grants and scholarships. This resulted in an average annual net price of $12,325 for on-campus students.

The following table explores the likelihood that you too will receive some common price-reducing aid, based on percentages.

Net Price by Aid GroupOn CampusOff CampusAt Home
245 Total Freshmen
9 (4%) did not receive any grants or scholarships.$21,231$26,142$13,954
236 (96%) split a total of $1,805,164 for an average of $7,649 each$13,582$18,493$6,305
185 In-State Students
185 (100%) split a total of $1,193,250 for an average of $6,450 each$12,325$17,236$5,048

The above refers to grants and scholarships from the college and/or the state, federal or local governments. Other sources of grant aid such as private scholarships are not included.

College Cost Estimator

Use the College Cost Estimator to get an idea of how much money you may have to spend out of pocket to attend Otero Junior College, and how many loans you may have to take on.

Select the factors that are true for you.

I Currently Live:
I Plan to Live:
Grants and Scholarships:
Loans:
Estimated Cost for You

This is what the college will likely charge you in this scenario.

$21,231
Aid (Grants and Scholarships)

Money given to you to offset the cost of college.

$7,649
Estimated Net Price

This is what you can expect to pay (or pay back).

$13,582
Loans

Money you borrow to cover the cost of college. You will have to repay this eventually.

$4,693
Out of Pocket

Money you need to come up with each year to attend college.

$8,889

How much will you be relying on loans to finance your education?

Research the average amount of loan debt students take on from this school.

Net Price Based on Family Income Level

Family income can have a large impact on the amount of aid you receive, and thus, your net price.

The table below shows the average net price freshmen paid based on income level. Note that if the school offers in-state tuition, the lower in-state tuition has been used in the calculation.

Net Price by Family Income LevelIn-State Net Price
0-30k$8,966
30k-48k$9,577
48k-75k$10,212
75k-110k$12,816
110k +$13,641

The above table only includes the calculated net price for students that received some form of Title IV aid.

What is Title IV?

Title IV of the Higher Education Act of 1965 establishes general rules that apply to the student financial assistance programs covering grants and loans.

Is the Net Price Increasing for Freshmen?

Over a period of three years, the average net price paid by all freshmen at Otero Junior College has remained about the same, shifting by an average of only 0.4% per year.

Net Price Trends at Otero Junior College

Students Get a Great Deal with Financial Aid: Low Net Price

An overall average net price of $11,126 puts Otero Junior College well below the national average of $20,398.

Financial Aid Packages Vary From Year to Year

Many schools offer more aid to first year students (freshmen) than they do to other undergraduates. Is that the case with this school?

Net Price Comparisons at Otero Junior College

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