Financial Aid

Explore what it costs to attend New Mexico Junior College in Hobbs, NM — and how to pay for it.

Hobbs, NM

What Does It Cost to Attend New Mexico Junior College?

In-State Tuition and Fees

$1,920

Out-of-State Tuition and Fees

$2,280

Average Net Price

$5,924

Price Difference

-$4,004

Avg. financial aid

How New Mexico Junior College Compares

New Mexico Junior College's pricing is on the affordable end of the trade-college spectrum at $1,920. Grants pull the average net price down to $5,924. Useful as a baseline when comparing the true out-of-pocket cost across other vocational schools.

What Are the Tuition & Fees at New Mexico Junior College?

In-State Students $1,920

Annual published tuition and required fees for residents of NM

Out-of-State Students $2,280

Annual published tuition and required fees for non-residents

Average Net Price $5,924

Average amount students pay after grants and scholarships

Tuition at New Mexico Junior College comes in at $1,920 annually for NM residents — well below many comparable programs. The average net price after aid drops to $5,924.

What Is the Net Price by Family Income at New Mexico Junior College? (2022-23)

For the lowest-income students, New Mexico Junior College charges an average net price of $5,806 per year after financial aid is applied.

$0 - $30,000

$5,806

$30,001 - $48,000

$6,386

$48,001 - $75,000

$7,488

$75,001 - $110,000

$8,107

Over $110,000

$8,826

What Financial Aid Is Available at New Mexico Junior College? (2022-23)

72% of first-time, full-time students at New Mexico Junior College receive grants or scholarships. The average award is $2,760. See the full financial aid breakdown below.

Students Receiving Any Financial Aid

376 of 524 students

72%

Grants & Scholarships

Recipients

375 (72%)

Average Award

$2,760

Federal Pell Grants

Recipients

203 (39%)

Average Award

$2,794

Aid by Source

State & Local Grants

254 recipients (48%)

$893 avg

Institutional Grants

121 recipients (23%)

$1,951 avg

What Are the Student Loan Numbers at New Mexico Junior College? (2022-23)

Only 3% of undergraduates at New Mexico Junior College take out federal student loans, with an average loan of $2,981. This low borrowing rate suggests students are finding other ways to cover costs.

Total Borrowers

68

3% of students

Average Loan Amount

$2,981

Financial Aid Resources

Net Price Calculator

Estimate your actual cost after financial aid

Financial Aid Office

Learn about available aid programs and apply

FAFSA Information

Complete the Free Application for Federal Student Aid to qualify for grants, loans, and work-study programs.

Apply for FAFSA →

Payment Plans Available

Many institutions, including New Mexico Junior College, offer flexible payment plans to help students manage education costs. Contact the financial aid office to learn about available options including:

  • Monthly payment plans
  • Deferred payment options
  • Employer tuition assistance programs

Need Help?

Contact the financial aid office for personalized assistance with:

  • Scholarship opportunities
  • Grant eligibility
  • Work-study programs
  • Payment plan options

Federal School Codes

OPE ID: 00265500
IPEDS ID: 187903

Use these codes when applying for federal financial aid

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