New Mexico residents paid $6,326 to attend the four-year public institution this year – $313 more than the $6,013 charged for 2017-18.
Non-residents paid 30.4 percent more than residents this year, or $8,247. Their price tag was reduced 30 percent from $11,788 in 2017-18.
About 73 percent of the school's undergraduate population are New Mexico residents. About 25 percent are residents of other states and 1 percent are citizens of other countries.
Data shows 98 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 597 students received grants or scholarships totaling $3.7 million and 266 students took out student loans totaling more than $1.4 million.
Including all undergraduates (6,005), 2,461 students used grants or scholarships totaling $14.7 million, and 1,392 students took out $9.5 million in federal student loans.
Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
---|---|---|---|---|---|---|
In-state | ~4,384 | $5,168 | $5,618 | $6,013 | $6,326 | 22.4% |
Out-of-state | ~1,501 | $10,942 | $11,393 | $11,788 | $8,247 | -24.6% |
Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
---|---|---|---|---|
Federal grants | 333 | 53% | $1,564,250 | $4,697 |
State / local grant or scholarship | 496 | 80% | $1,894,662 | $3,820 |
Institutional grants or scholarships | 261 | 42% | $246,413 | $944 |
Grant or scholarship aid total | 597 | 96% | $3,705,325 | $6,207 |
Federal student loans | 263 | 42% | $1,326,196 | $5,043 |
Other student loans | 9 | 1% | $63,116 | $7,013 |
Student loan aid | 266 | 43% | $1,389,312 | $5,223 |
Total student aid | 611 | 98% | - | - |