Financial Aid

Financial aid breakdown for New Mexico Military Institute: costs, grants, scholarships, and student loan details.

Roswell, NM

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?

In-State Students $6,990

Annual published tuition and required fees for residents of NM

Out-of-State Students $14,042

Annual published tuition and required fees for non-residents

Average Net Price $6,968

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

95%

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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FAFSA Information

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

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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

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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