Public 4 Year

Northern New Mexico College Tuition & Cost

Espanola, New Mexico

 0 Reviews

How much does it cost to attend?

In State New Mexico Resident Sticker Price
In State Costs for Northern New Mexico College
Fee Cost
Books and Supplies$1,200
Other Fees$1,505
Estimated Off Campus Cost of Living $8,506
Other Expenses Budget$4,688
Out of State Resident Sticker Price
Out of State Costs for Northern New Mexico College
Fee Cost
Books and Supplies$1,200
Other Fees$1,505
Estimated Off Campus Cost of Living $8,506
Other Expenses Budget$4,688

Residents of New Mexico pay an annual total price of $19,346 to attend Northern New Mexico College on a full time basis. This fee is comprised of $3,447 for tuition, $1,200 for books and supplies and $1,505 for other fees.

Out of state residents are charged a total cost of $28,070 which is 45.1% higher than New Mexico residents. The tuition charge is $12,171 while books and supplies are $1,200 and other fees come in at $1,505.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

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

Average Net Price 2019/2020
Net Price by Income Northern New Mexico College
Family Income Net Price Paid
$0 to $30,000$8,365
$30,001 to $48,000$8,986
$48,001 to $75,000$11,982
$75,001 to $110,000$11,299

The average reported annual net price for Northern New Mexico College for students receiving grants or scholarship aid was $7,038 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

99% of full-time undergrad Northern New Mexico 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 $7,116 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 3% of students received Federal Student Loans averaging $3,081.

Finanical Aid Northern New Mexico College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,116 99%
Institutional Grants and Scholarships $1,612 8%
Pell Grants $4,875 80%
Other Federal Grants $521 21%
State and Local Grants $3,196 92%
Federal Student Loans $3,081 3%
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 Northern New Mexico College, we've modeled a ten year student loan with an original principal value of $20,184. The loan balance of $20,184 is a four year multiple of the $5,046 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 $193 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 $20,184
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $192.58
Total Interest Paid $2,925.31
Sum of All Loan Payments $23,109.31

Projected 4 Year Degree Price

4 Year Sticker Price
Year New Mexico Residents Non Residents
1 $19,346 $28,070
2 $19,752 $28,658
3 $20,166 $29,259
4 $20,588 $29,872

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Northern New Mexico College to be $77,384 - assuming graduation in normal time. The estimation assumes a 2.1% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Northern New Mexico College
Price Per Credit 3 Credit Class 4 Credit Class
New Mexico Residents $136 $408 $544
Out of State Residents $505 $1,515 $2,020

Estimated cost for a class at Northern New Mexico 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 Northern New Mexico College versus other colleges.

Tuition Payment Plans Available

Northern New Mexico College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No
Costs for Similar Colleges 

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=188058 IPEDS survey data for Northern New Mexico College.