New Mexico students paid $16,200 to attend the four-year private not-for-profit institution in both the 2017-18 and 2018-19 academic years.
Data shows 98 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 102 students received grants or scholarships totaling $987,440 and 101 students took out student loans totaling more than $621,173.
Including all undergraduates (951), 476 students used grants or scholarships totaling $2.2 million, and 275 students took out $1.2 million in federal student loans.
The cost of attending
| Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
|---|---|---|---|---|---|---|
| In-state | ~495 | $14,616 | $15,456 | $16,200 | $16,200 | 10.8% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the University of the Southwest in 2015-16.| Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 72 | 69% | $373,790 | $5,192 |
| State / local grant or scholarship | - | 2% | - | - |
| Institutional grants or scholarships | 83 | 80% | $612,150 | $7,375 |
| Grant or scholarship aid total | 102 | 98% | $987,440 | $9,681 |
| Federal student loans | 101 | 97% | $559,500 | $5,540 |
| Other student loans | 16 | 15% | $61,673 | $3,855 |
| Student loan aid | 101 | 97% | $621,173 | $6,150 |
| Total student aid | 102 | 98% | - | - |
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