University of New Mexico: Tuition & Loans

Overall Rating: Overall Ranking - ExcellentQuality: Education Quality Rating - OustandingSafety: Capmus Safety Rating - PoorCosts: Tuition & Fees Cost Rating - Fair
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Tuition and fees per year
$20,800
Average tuition charges at University of New Mexico are high, around $19,500 per year. The additional fees at University of New Mexico beyond tuition are about $1,300; which comes to $20,800 annually.

If you are considering a lower priced college in New Mexico, check the Affordable Colleges in New Mexico ranking. The chart below shows University of New Mexico tuition costs and additional fees compared to the competing and nearby colleges:

Anunual Tuition and Fees in University of New Mexico and Competing Colleges

University of New Mexico Tuition Comparison Chart

Books and Supplies

The average cost of books and additional supplies required to study at University of New Mexico is $1,050 a year; which is a good bargain if compared to other colleges in New Mexico.

FAFSA Application

FAFSA Code
2015-2016
002663
If you wish to file your FAFSA application for Federal Student Aid, the college code for University of New Mexico is 002663. Please verify this code before using it with your FAFSA application.

Federal Student Aid is an office of the US Department of Education, which provides grants and loans to eligible applicants. To meet minimum eligibility requirements you will need to have a valid Social Security number and high school diploma or GED certificate.

Repaying Your School Loans

Repayment
Failure Rate
5%
The government reported that the median federal student loan amount for University of New Mexico is approximately $7,200.

At the same time, 4.80% of the recent University of New Mexico graduates have failed to maintain their federal student loan repayments in 2012

This rate of loan repayment defaults (4.80%) is low and might lead to a conclusion that University of New Mexico graduates have great career perspectives.

Learn More About University of New Mexico

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