C
Public 2 Year

CNM Tuition & Cost

Albuquerque, New Mexico

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How much does it cost to attend?

In State New Mexico Resident Sticker Price
$13,024
In State Costs for Central New Mexico Community College
Fee Cost
Tuition$1,320
Books and Supplies$1,440
Other Fees$306
Estimated Off Campus Cost of Living $6,524
Other Expenses Budget$3,434
Out of State Resident Sticker Price
$18,736
Out of State Costs for Central New Mexico Community College
Fee Cost
Tuition$7,032
Books and Supplies$1,440
Other Fees$306
Estimated Off Campus Cost of Living $6,524
Other Expenses Budget$3,434

Residents of New Mexico pay an annual total price of $13,024 to attend Central New Mexico Community College on a full time basis. This fee is comprised of $1,320 for tuition, $1,440 for books and supplies and $306 for other fees.

Out of state residents are charged a total cost of $18,736 which is 43.9% higher than New Mexico residents. The tuition charge is $7,032 while books and supplies are $1,440 and other fees come in at $306.

All price data is sourced from the 2018/2019 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Central New Mexico Community College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$4,585
Net Price by Income Central New Mexico Community College
Family Income Net Price Paid
$0 to $30,000$3,118
$30,001 to $48,000$4,108
$48,001 to $75,000$6,343
$75,001 to $110,000$8,012
$110,000+$8,479

The average reported annual net price for Central New Mexico Community College for students receiving grants or scholarship aid was $4,585 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

Finanical Aid Central New Mexico Community College
Type Avg./Student Students Receiving
Annual Total Grant Aid $4,504 81%
Pell Grant $4,752 60%
Federal Student Loan $3,051 12%

The average reported annual net price for Central New Mexico Community College for students receiving grants or scholarship aid was $4,585 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Central New Mexico Community College, we've modeled a ten year student loan with an original principal value of $18,770. The loan balance of $18,770 is a two year multiple of the $9,385 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $195 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.529%.

Example Loan $18,770
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $194.79
Total Interest Paid $4,605.01
Sum of All Loan Payments $23,375.01

Projected 2 Year Degree Price

2 Year Sticker Price
$26,048
Year New Mexico Residents Non Residents
1 $13,024 $18,736
2 $13,388 $19,260

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Central New Mexico Community College to be $26,048 - assuming graduation in normal time. The estimation assumes a 2.8% annual increase over the next 2 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Central New Mexico Community College
Price Per Credit 3 Credit Class 4 Credit Class
New Mexico Residents $55 $165 $220
Out of State Residents $293 $879 $1,172

Estimated cost for a class at Central New Mexico Community College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Central New Mexico Community College versus other colleges.

Tuition Payment Plans Available

Central New Mexico Community College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=187532 IPEDS survey data for Central New Mexico Community College.