Cheapest Psychology Colleges in New Mexico

Psychology graduates in New Mexico face earnings that vary by $5,135 across institutions, with University of New Mexico leading at $26,187 annually. Eastern New Mexico University offers the state's most affordable option at $6,199 net cost, while private University of the Southwest reaches $19,969. New Mexico's behavioral health workforce needs align well with psychology training, as the state ranks among the nation's highest for mental health provider demand per capita.

Programs

$6,199 – $19,969

Net Price Range

$24,167

Avg. Program Earnings

41.2%

Avg. Graduation Rate

7 Psychology, General Programs

Program rankings
#	School	Net Price	In-State Tuition	Graduation Rate	Acceptance Rate
1	Eastern New Mexico University-Main Campus Portales, New Mexico	$6,199	$6,863	39.8%	27.6%
2	New Mexico State University-Main Campus Las Cruces, New Mexico	$6,747	$8,147	52.2%	78.1%
3	Western New Mexico University Silver City, New Mexico	$7,912	$7,868	34.9%
4	New Mexico Institute of Mining and Technology Socorro, New Mexico	$8,265	$9,058	56.4%	74.4%
5	New Mexico Highlands University Las Vegas, New Mexico	$14,141	$7,260	25.6%
6	University of New Mexico-Main Campus Albuquerque, New Mexico	$17,478	$8,115	52.5%	96.1%
7	University of the Southwest Hobbs, New Mexico	$19,969	$16,670	26.7%

Frequently Asked Questions

What explains the $13,770 cost difference between the cheapest and most expensive psychology programs?

Eastern New Mexico University's $6,199 net cost reflects its rural location and lower operational expenses, while University of the Southwest's $19,969 price tag comes from private institution overhead. Public universities benefit from state funding that keeps costs down for residents.

How do graduation rates correlate with program costs in New Mexico psychology programs?

New Mexico Institute of Mining and Technology achieves the highest graduation rate at 56.4% despite moderate costs, while the most affordable option, Eastern New Mexico, graduates 39.8% of students. University of the Southwest, the most expensive program, has the lowest completion rate at 26.7%.

Does the Legislative Lottery Scholarship significantly impact psychology student costs?

The scholarship covers tuition at public universities for qualifying students, making programs like New Mexico State University particularly affordable for residents. This benefit helps explain why net costs remain under $15,000 at five of the seven psychology programs statewide.

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Net price reflects the average cost after grants and scholarships for first-time, full-time students. See our methodology for details.