Financial Aid
Financial aid breakdown for New Mexico Military Institute: costs, grants, scholarships, and student loan details.
What Does It Cost to Attend New Mexico Military Institute?
In-State Tuition and Fees
$6,990
Out-of-State Tuition and Fees
$14,042
Average Net Price
$6,968
Price Difference
$22
Avg. financial aid
How New Mexico Military Institute Compares
New Mexico Military Institute's $6,990 sits above the typical $3,000–$6,000 starting range for trade colleges. This often reflects longer programs, more specialized equipment, or private rather than public status — review what the price buys before comparing to lower-cost competitors.
What Are the Tuition & Fees at New Mexico Military Institute?
Annual published tuition and required fees for residents of NM
Annual published tuition and required fees for non-residents
Average amount students pay after grants and scholarships
Students considering New Mexico Military Institute should plan for annual tuition of $6,990. That said, financial aid brings the average actual cost down to $6,968.
What Is the Net Price by Family Income at New Mexico Military Institute? (2022-23)
For families earning under $30,000, the average net price at New Mexico Military Institute is just $2,748 — making this school very accessible for low-income students.
$0 - $30,000
$2,748
$30,001 - $48,000
$4,263
$48,001 - $75,000
$5,727
$75,001 - $110,000
$15,409
Over $110,000
$9,685
What Financial Aid Is Available at New Mexico Military Institute? (2022-23)
An impressive 95% of first-time, full-time undergraduates at New Mexico Military Institute benefit from grant or scholarship funding. Review the full breakdown below.
Students Receiving Any Financial Aid
183 of 192 students
Grants & Scholarships
Recipients
183 (95%)
Average Award
$10,781
Federal Pell Grants
Recipients
63 (33%)
Average Award
$4,791
Aid by Source
State & Local Grants
36 recipients (19%)
$3,557 avg
Institutional Grants
174 recipients (91%)
$8,643 avg
What Are the Student Loan Numbers at New Mexico Military Institute? (2022-23)
Only 5% of undergraduates at New Mexico Military Institute take out federal student loans, with an average loan of $4,224. This low borrowing rate suggests students are finding other ways to cover costs.
Total Borrowers
23
5% of students
Average Loan Amount
$4,224
Financial Aid Resources
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Financial Aid Office
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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
To help manage costs, New Mexico Military Institute may provide installment payment options. Check with the financial aid office about plans like:
- Monthly payment plans
- Deferred payment options
- Employer tuition assistance programs
Quick Links
Need Help?
Contact the financial aid office for personalized assistance with:
- Scholarship opportunities
- Grant eligibility
- Work-study programs
- Payment plan options
Phone
5756226250Federal School Codes
Use these codes when applying for federal financial aid