Cost Details
- In-State Tuition
- $1,440
- Out-of-State Tuition
- $2,280
- Average Net Price
- $6,431
- Students Receiving Financial Aid
- 25.9%
- Room & Board (On Campus)
- $5,440
- Room & Board (Off Campus)
- $8,925
- Books & Supplies
- $1,680
- Total Cost of Attendance
- $8,560
- Median Debt at Graduation
- $11,313
- Estimated Monthly Loan Payment
- $120/mo
- Loan Repayment Rate
- 37.0%
- Students Taking Federal Loans
- 3.1%
- Pell Grant Recipients
- 25.9%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $5,806 |
| $30,001 – $48,000 | $6,386 |
| $48,001 – $75,000 | $7,488 |
| $75,001 – $110,000 | $8,107 |
| $110,001+ | $8,826 |
Cost Estimator
Cost Overview
Most families at New Mexico Junior College pay between $5,806 and $8,826 annually depending on their income. Students from households earning under $30,000 get the best financial break at $5,806 per year. Even wealthy families ($110,000+ income) pay just $8,826 annually. A two-year degree here costs $11,612 to $17,652 total.
This community college keeps costs manageable in an oil boom town where living expenses can surprise students. Only 25.85% of students receive Pell Grants, suggesting many families earn too much to qualify for federal need-based aid. Graduates typically owe $11,313 in debt, translating to $120 monthly payments. With median earnings hitting $34,233 ten years after graduation, loan payments represent about 4% of income. Students from low-income families get the strongest value proposition, paying roughly half what wealthier classmates do while accessing the same programs and oil industry connections.
This community college keeps costs manageable in an oil boom town where living expenses can surprise students. Only 25.85% of students receive Pell Grants, suggesting many families earn too much to qualify for federal need-based aid. Graduates typically owe $11,313 in debt, translating to $120 monthly payments. With median earnings hitting $34,233 ten years after graduation, loan payments represent about 4% of income. Students from low-income families get the strongest value proposition, paying roughly half what wealthier classmates do while accessing the same programs and oil industry connections.
Official Net Price Calculator
Get a personalized cost estimate from New Mexico Junior College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.