Financial Aid

Find out how affordable New Mexico Junior College in Hobbs, NM really is — tuition, net price, and aid details below.

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

$5,910

Price Difference

-$3,990

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 $5,910. 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 $5,910

Average amount students pay after grants and scholarships

With annual tuition of just $1,920, New Mexico Junior College keeps costs low for students. Factor in financial aid, and the average net cost is $5,910.

What Is the Net Price by Family Income at New Mexico Junior College? (2023-24)

Families earning under $30,000 pay an average net price of $6,000 at New Mexico Junior College. See how costs vary across income levels below.

$0 - $30,000

$6,000

$30,001 - $48,000

$6,697

$48,001 - $75,000

$7,669

$75,001 - $110,000

$8,107

Over $110,000

$8,826

What Financial Aid Is Available at New Mexico Junior College? (2023-24)

Financial aid covers a solid majority of students at New Mexico Junior College, with 66% receiving grants or scholarships. Here's what types of aid are available.

Students Receiving Any Financial Aid

396 of 604 students

66%

Grants & Scholarships

Recipients

396 (66%)

Average Award

$2,859

Federal Pell Grants

Recipients

187 (31%)

Average Award

$3,047

Aid by Source

State & Local Grants

265 recipients (44%)

$883 avg

Institutional Grants

140 recipients (23%)

$2,298 avg

What Are the Student Loan Numbers at New Mexico Junior College? (2023-24)

Only 2% of undergraduates at New Mexico Junior College take out federal student loans, with an average loan of $3,186. This low borrowing rate suggests students are finding other ways to cover costs.

Total Borrowers

39

2% of students

Average Loan Amount

$3,186

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

New Mexico Junior College may offer payment plans that let you spread tuition costs over the semester. Reach out to the financial aid office to ask about options such as:

  • 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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