Cost & aid
What it costs
In 2023–24, the average first-year paid an estimated $12,349 in total (tuition, housing, food, books and other costs, after grants), $11.9K less than the national median. The 99% who received grants paid $11,551 on average; the other 1% paid the full sticker price of $25,200 in-state / $42,454 out-of-state.
- Full price, in-state
- $25,200 a year
- tuition, housing, food, books, and other costs
- Need-based aid
- Published data end at $110K
- use the college's net price calculator for higher incomes
Cost by family income
Per year for a typical family of four with one child in college. Up to $110K it is the average price federal aid recipients paid (2023–24).
Hover, tap, or use the arrow keys to read the price at an income.
- Published federal figures
View as a table
| Family income | Price per year |
|---|---|
| $0–30K | $5K a year |
| $30–48K | $8K a year |
| $48–75K | $10K a year |
| $75–110K | $15K a year |
| $150K | Published data end at $110K |
| $200K | Published data end at $110K |
| $250K | Published data end at $110K |
| $300K | Published data end at $110K |
| $350K | Published data end at $110K |
| $400K and above | Published data end at $110K |
At $150K: Published data end at $110K
Published data end at $110K; use the college's net price calculator for a number.
Your own number depends on the details below, so use the college's calculator for it.
What can change this
- Savings and investments above a typical amount raise the price. The curve assumes typical assets.
- Home equity: some colleges that use the CSS Profile count it. Check this college's own aid page or calculator.
$12,349
Tuition, housing, food, books & other expenses, after grants · 2023–24
99% got grants averaging $13,376; 1% got none.
Housing and food use the college's on-campus rates, so the estimate runs high where many students live at home. “Other expenses” is the college's estimate of personal and transportation costs. Loans aren't subtracted because they're repaid.
Who pays what
Share of first-year students, 2023–24.
Sticker price by residency
| Rate | Tuition & fees | First-years | |
|---|---|---|---|
| In-state | $9,058 | $25,200 | 98% |
| Out-of-state | $26,312 | $42,454 | 2% |
Full cost adds books, on-campus room & board, and other expenses ($16,142) to tuition and fees.
$18,672 in-state · $35,926 out-of-state before aid
Tuition, fees, and on-campus food and housing · unchanged in-state, unchanged out-of-state from 2023–24.
Show the full next-year estimate
- Tuition, fees, food & housing$18,672
- Books and supplies$800
- Transportation$800
- Other expenses$800
- Total for a student living on campus$21,072
$19.1K
≈ $202/month for 10 years
0.6 yrs
of median salary to cover 4 years of net price
About 1 in 3 undergrads borrows federally.
Everyone who borrowed and left, whether or not they graduated.
Three years into repayment
Where former undergraduates stand on their federal loans.
- Paid in full20–24%
- Paying it down30–34%
- Payments paused15–23%
- Not paying it down15–19%
- Behind or in default5–14%
- Forgiven or discharged0–5%
Some shares are published as a small range to protect privacy.
Who actually gets aid
Aid generosity
GenerousGrants cover 52% of the $25,545 full price on average across all first-years (generous), more than at 79% of colleges. The sticker price overstates what most students here actually pay.
$13,196 in grants per first-year ÷ $25,545 full price.
Who gets grants and scholarships
Full-time first-year students (222), 2023–24
Where the aid comes from
Share of first-year students receiving each; averages are per recipient.
Aid by family income
By family income: only students who received federal aid, because income is only reported for them.
Aid by family income isn't reported.
From New Mexico Institute of Mining and Technology's Common Data Set
First-years and all full-time undergraduates, 2022–23, a year before the federal figures above.
| First-years | All full-time | |
|---|---|---|
| Have financial need | 55%167 students | 50%550 students |
| Need met, on average | 91% | 88% |
| Need fully met | 35% | 27% |
| Average aid package | $16,769 | $16,999 |
| Average need-based grant | $5,853 | $6,105 |
| Average need-based loan | $2,715 | $3,502 |
| Merit aid without need | – | 40%average $9,110 |
50% of the college's own grant dollars were awarded without regard to need.
Each college decides what a family needs, so “100% of need met” can mean different prices at different colleges. Merit awards that went toward a student's need count as need-based here.
Applying for aid
For fall 2024 entrants.
Priority date: March 1 · Deadline: none · Aid offers: on a rolling basis from March 15
Dates for fall 2024 entrants; the next cycle's are usually similar.
International students
Sources:IPEDS Institutional Characteristics survey, 2023–24;IPEDS Student Financial Aid survey, 2023–24;College Scorecard, 2023–24;College Scorecard, most recent release;New Mexico Institute of Mining and Technology Common Data Set 2023–24, 2024–25;New Mexico Institute of Mining and Technology Common Data Set 2023–24, 2022–23;New Mexico Institute of Mining and Technology Common Data Set 2023–24, Fall 2024 entrants;IPEDS directory (Institutional Characteristics: HD), 2025–26;Common Data Set, most recent releaseAbout the data(retrieved 2026-10-12)