New Mexico residents paid $6,686 to attend the four-year public institution this year – $225 more than the $6,461 charged for 2017-18.
Non-residents paid 225.6 percent more than residents this year, or $21,770. Their price tag grew 3.6 percent from $21,022 in 2017-18.
About 68 percent of the school's undergraduate population are New Mexico residents. About 30 percent are residents of other states and 2 percent are citizens of other countries.
Data shows 99 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 2,006 students received grants or scholarships totaling $24.1 million and 649 students took out student loans totaling more than $1.1 million.
Including all undergraduates (14,289), 8,842 students used grants or scholarships totaling $88.8 million, and 3,888 students took out $11.9 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 | ~9,717 | $6,094 | $6,094 | $6,461 | $6,686 | 9.7% |
Out-of-state | ~4,287 | $19,652 | $19,652 | $21,022 | $21,770 | 10.8% |
Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
---|---|---|---|---|
Federal grants | 999 | 49% | $5,445,750 | $5,451 |
State / local grant or scholarship | 1,517 | 75% | $6,943,260 | $4,577 |
Institutional grants or scholarships | 1,327 | 65% | $11,739,425 | $8,847 |
Grant or scholarship aid total | 2,006 | 99% | $24,128,435 | $12,028 |
Federal student loans | 643 | 32% | $1,047,872 | $1,630 |
Other student loans | 19 | 1% | $77,633 | $4,086 |
Student loan aid | 649 | 32% | $1,125,505 | $1,734 |
Total student aid | 2,011 | 99% | - | - |