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UNM Tuition & Cost

Albuquerque, New Mexico

How much does it cost to attend?

In State New Mexico Resident Sticker Price
$22,639
In State Costs for University of New Mexico Main Campus
Fee Cost
Tuition$6,109
Books and Supplies$1,126
Other Fees$1,524
Room and Board $9,864
Other Expenses Budget$4,016
Out of State Resident Sticker Price
$37,592
Out of State Costs for University of New Mexico Main Campus
Fee Cost
Tuition$21,062
Books and Supplies$1,126
Other Fees$1,524
Room and Board $9,864
Other Expenses Budget$4,016

Residents of New Mexico pay an annual total price of $22,639 to attend University of New Mexico Main Campus on a full time basis. This fee is comprised of $6,109 for tuition, $9,864 room and board, $1,126 for books and supplies and $1,524 for other fees.

Out of state residents are charged a total cost of $37,592 which is 66% higher than New Mexico residents. The tuition charge is $21,062 while room and board is $9,864, books and supplies are $1,126 and other fees come in at $1,524.

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 University of New Mexico Main Campus when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$11,283
Net Price by Income University of New Mexico Main Campus
Family Income Net Price Paid
$0 to $30,000$13,108
$30,001 to $48,000$14,388
$48,001 to $75,000$16,239
$75,001 to $110,000$17,309
$110,000+$18,451

The average reported annual net price for University of New Mexico Main Campus for students receiving grants or scholarship aid was $11,283 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid University of New Mexico Main Campus
Type Avg./Student Students Receiving
Annual Total Grant Aid $6,847 97%
Pell Grant $4,579 39%
Federal Student Loan $5,868 33%

The average reported annual net price for University of New Mexico Main Campus for students receiving grants or scholarship aid was $11,283 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to University of New Mexico Main Campus, we've modeled a ten year student loan with an original principal value of $41,088. The loan balance of $41,088 is a four year multiple of the $10,272 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 $426 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 $41,088
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $426.40
Total Interest Paid $10,080.49
Sum of All Loan Payments $51,168.49

Projected 4 Year Degree Price

4 Year Sticker Price
$90,556
Year New Mexico Residents Non Residents
1 $22,639 $37,592
2 $23,843 $39,591
3 $25,110 $41,696
4 $26,446 $43,913

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of New Mexico Main Campus to be $90,556 - assuming graduation in normal time. The estimation assumes a 5.3% 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 University of New Mexico Main Campus
Price Per Credit 3 Credit Class 4 Credit Class
New Mexico Residents $255 $765 $1,020
Out of State Residents $878 $2,634 $3,512

Estimated cost for a class at University of New Mexico Main Campus 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 University of New Mexico Main Campus versus other colleges.

Tuition Payment Plans Available

University of New Mexico Main Campus Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Other Colleges to Consider

Other Colleges to Consider
Subject Percent of Class
C
Colorado State University Fort Collins

Fort Collins, Colorado

W
University of Wyoming

Laramie, Wyoming

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=187985 IPEDS survey data for University of New Mexico Main Campus.


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