L
Public 2 Year

Luna Community College Tuition & Cost

Las Vegas, New Mexico

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How much does it cost to attend?

In District New Mexico Resident Sticker Price
$12,308
In District Costs for Luna Community College
Fee Cost
Tuition$912
Books and Supplies$1,250
Other Fees$50
Estimated Off Campus Cost of Living $6,538
Other Expenses Budget$3,558
In State New Mexico Resident Sticker Price
$12,644
In State Costs for Luna Community College
Fee Cost
Tuition$1,248
Books and Supplies$1,250
Other Fees$50
Estimated Off Campus Cost of Living $6,538
Other Expenses Budget$3,558

In district New Mexico residents should budget an annual total cost of $12,308 to attend Luna Community College on a full time basis. This fee is comprised of $912 for tuition, $6,538 off-campus housing, $1,250 for books and supplies and $50 for other fees.

All price data is sourced from the 2019/2020 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 Luna Community College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$3,895
Net Price by Income Luna Community College
Family Income Net Price Paid
$0 to $30,000$1,953
$30,001 to $48,000$3,230
$48,001 to $75,000$5,329
$75,001 to $110,000$7,711
$110,000+n/a

The average reported annual net price for Luna Community College for students receiving grants or scholarship aid was $3,895 in 2018/2019. 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

84% of full-time undergrad Luna Community College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $5,102 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 8% of students received Federal Student Loans averaging $3,991.

Finanical Aid Luna Community College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,102 84%
Institutional Grants and Scholarships $2,710 22%
Pell Grants $5,313 56%
Other Federal Grants $609 10%
State and Local Grants $1,011 68%
Federal Student Loans $3,991 8%
Other Student Loans $0 0%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Luna Community College, we've modeled a ten year student loan with an original principal value of $10,604. The loan balance of $10,604 is a two year multiple of the $5,302 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 $101 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 2.75%.

Example Loan $10,604
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $101.17
Total Interest Paid $1,536.86
Sum of All Loan Payments $12,140.86

Projected 2 Year Degree Price

2 Year Sticker Price
$25,288
Year New Mexico Residents Non Residents
1 $12,644 $13,772
2 $12,855 $14,002

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Luna Community College to be $25,288 - assuming graduation in normal time. The estimation assumes a 1.7% 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 Luna Community College
Price Per Credit 3 Credit Class 4 Credit Class
In District Residents $38 $114 $152
New Mexico Residents $52 $156 $208
Out of State Residents $99 $297 $396

Estimated cost for a class at Luna 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 Luna Community College versus other colleges.

Tuition Payment Plans Available

Luna 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=363633 IPEDS survey data for Luna Community College.