In average, 98% of full-time first-time beginning undergraduate students (freshmen) have received grants and/or scholarships at ���������������������(New Mexico)������������������. The average financial aid amount received is $9,787. For all undergraduate students, 89.50% received grants/scholarship and the average aid amount is $9,199

The average tuition & fees for the schools is $8,587 for state residents and $26,381 for out-of-state students. The average cost of attendance (COA) including tuition & fees, book & supplies, and living costs for ���������������������(New Mexico)������������������ is $43,412 and, after receiving financial aid, the actual cost is down to $33,626.

���������������������(New Mexico)������������������ Financial Aid Comparison

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Financial Aid Comparison Table
School NameTuition & Fees Beginning Undergraduate Students (Freshmen)All Undergraduate Students
Percent Receiving AidAverage AmountsPercent Receiving AidAverage Amounts
New Mexico Institute of Mining and TechnologySocorro, NM$26,312 ($9,058)99.00%$10,29383.00%$10,530
University of New Mexico-Main CampusAlbuquerque, NM$26,450 ($8,115)97.00%$9,28096.00%$7,868
Average$26,381 ($8,587)98%$9,787 90%$9,199
*The tuition data is updated with academic year 2023-2024 data from IPEDS (Integrated Postsecondary Education Data System) (Last Update: September 25, 2023). The financial aid information is based on the IPEDS data for the academic year 2022-2023.