Financial Aid

Understand the full cost picture at New Mexico Military Institute, including tuition, financial aid, and net price information.

Roswell, NM

What Does It Cost to Attend New Mexico Military Institute?

In-State Tuition and Fees

$7,190

Out-of-State Tuition and Fees

$14,156

Average Net Price

$7,127

Price Difference

$63

Avg. financial aid

How New Mexico Military Institute Compares

$7,190 for NM residents is a moderate price point for trade-college education. Average net price drops to $7,127 after aid, which is the number that actually matters for most prospective students once grants and scholarships are applied.

What Are the Tuition & Fees at New Mexico Military Institute?

In-State Students $7,190

Annual published tuition and required fees for residents of NM

Out-of-State Students $14,156

Annual published tuition and required fees for non-residents

Average Net Price $7,127

Average amount students pay after grants and scholarships

New Mexico Military Institute charges $7,190 annually for in-state students in NM. After accounting for financial aid, the net price averages $7,127.

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

Low-income students at New Mexico Military Institute pay an average of $2,772 per year, reflecting strong financial aid support for those who need it most.

$0 - $30,000

$2,772

$30,001 - $48,000

$4,062

$48,001 - $75,000

$5,935

$75,001 - $110,000

$4,210

Over $110,000

$10,106

What Financial Aid Is Available at New Mexico Military Institute? (2023-24)

An impressive 97% 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

174 of 179 students

97%

Grants & Scholarships

Recipients

174 (97%)

Average Award

$11,951

Federal Pell Grants

Recipients

64 (36%)

Average Award

$5,248

Aid by Source

State & Local Grants

59 recipients (33%)

$4,100 avg

Institutional Grants

169 recipients (94%)

$8,580 avg

What Are the Student Loan Numbers at New Mexico Military Institute? (2023-24)

Federal loan borrowing is relatively uncommon at New Mexico Military Institute, with just 4% of students taking loans averaging $3,500.

Total Borrowers

20

4% of students

Average Loan Amount

$3,500

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 Military Institute, 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: 00265600
IPEDS ID: 187912

Use these codes when applying for federal financial aid

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