Tuition, Cost & Aid
Affordability and Cost
Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$12,200
Average Net Price By Family Income
Tuition
| In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution. | $8,115 |
| Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state's or institution's residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school. | $26,451 |
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
| $11,884 |
| Books and Supplies | $1,328 |
| Tuition Payment Plan | Yes |
Financial Aid: visit page
Financial Aid Email: [email protected]
Aid & Grants
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students receiving state aid Students receiving federal aid
36%
Average Aid Per Year
$9,280
36%
Average Federal Grant Aid Per Year
$4,135
Average Institution Grant Aid Per Year
$3,230
60%
Average State Grant Aid Per Year
$4,476
87%
Average Federal Grant Aid Per Year
$4,135
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$162,036,608
Total Non-Need-Based Scholarships/Grants
$878,862
Student Loans
Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
58%
Average Loan Amount Per Year
$5,724
Students receiving federal loans
58%
Average Federal Loans Per Year
$5,310
Average Other Loans Per Year
$9,368
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$13,300
Loan Default Rate
10%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$179
What Students Are Saying
It is worth the money. It may be expensive, but all colleges are. The good side of the paying for school here is that you get your money's worth. They ensure that the campus stays live, and that students are safe any where they go.
Stacy from Los Alamos, NM
UNM has very competitive tuition rates for both in state and out of state students. I am from New Mexico and initially wanted to go out of state. I applied for several schools in Oregon and was accepted to all of them with scholarships. I soon realized that because of New Mexico's lottery scholarship, UNM was by far the best bang for my buck. UNM also led me through the loan application for the small amount that I do need. UNM is not just for in state students though. UNM is very affordable for out of state students. I know many out of state students who chose UNM because it was cheaper than their local universities. UNM offers many scholarships to out of state students including a full ride regents scholarship. Even though UNM is very affordable, it is by no means a second hand school. UNM has top of the line professors and has several nationally ranked degree programs. UNM class rooms sport excellent technology to aid in learning. All classrooms have at least one protector, DVD player, and computer. Computer pods are scattered around campus with excellent processors and 22 monitors. Laptops are available for rent and several of UNM's libraries as well. UNM is very affordable but compromises nowhere.
Juan from Tijeras, NM
If you are a resident of NM then UNM is almost completely free for you. I've spent maybe $200 total in tuition and fees for my first two semesters here. Getting one other scholarship means your books are covered too. Technically, because of my other scholarship, I have yet to spend a dime.
Morgan from Rio Rancho, NM
The University of New Mexico is a wonderful institution for a very great price. It is not often anymore that you find a top tier school with wonderful financial opportunities. If you decide to attend the University of New Mexico for your undergraduate or graduate years, you need not worry about struggling to pay for school.
Zachary from Rio Rancho, NM
Hmmm I am out of state and it is too much sometimes for certain services like the dorms. Yet, I do like my dorm.
Erinna from Anthony, TX
UNM offers amazing scholarships that are simple to apply for.
Kyran from Phoenix, AZ
Paying for this school was worth the money, but never hesitate to apply for financial aid. Scholarships, grants, & etc. are all ways to help boost your college experience.
Shauna from Bay Minette, AL
I am a resident of New Mexico, so i pay next to nothing for tuition(less than $3,000 a year). I am unsure on how much non-resident tuition costs, but i have heard it is still pretty low.
Tyler from Albuquerque, NM
There are many opportunities for students to apply for scholarships and financial aid. It offers the New Mexico’s lottery scholarship for students who completed at least their senior year of high school in New Mexico; students get the opportunity to have their tuition paid for four years. The whole campus has Internet students can use for free. There are computer pods all over campus and in many locations, so it is very easy for students to have access to them. Not only that but they offer free bus passes, students get to ride the city bus for free. It is worth the money.
Lizzet from Albuquerque, NM
Because I was set back a whole semester I have had to spend money on things that were unnecessary. It was not a good time for me at all financially but I am working on getting everything back on track and I am looking into better advisement at UNM. Lets just say, when you are a freshmen you will fail... but then you will learn. I came to college to learn not to be taught and that is what I am doing.
Bailey from Albuquerque, NM
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