New Mexico Military Institute Net Price Calculator and Real Cost Breakdown
U.S. Department of Education data Net price 2022-23 Charges 2023-24 Verified 2026-08-13 Methodology
The published cost of attendance at New Mexico Military Institute is about $19,121 for 2023-24 ($6,990 tuition and fees plus housing and food, and books and supplies), and the average student paid $6,968 after grants and scholarships (2022-23 federal data). Your actual price depends mostly on family income. Use the estimator below.
Source: U.S. Department of Education IPEDS, net price 2022-23, published charges 2023-24. Retrieved 2026-08-13.
Estimate your net price
Select your household income to see the average net price students in your bracket actually paid at New Mexico Military Institute (2022-23 federal data).
per year, estimated
Average net price by household income
| Household income | Average net price (2022-23) |
|---|---|
| $0 to $30,000 | $2,748 |
| $30,001 to $48,000 | $4,263 |
| $48,001 to $75,000 | $5,727 |
| $75,001 to $110,000 | $15,409 |
| $110,001 and up | $9,685 |
Average net price for full-time first-time undergraduates awarded grant or scholarship aid. Source: IPEDS Student Financial Aid survey, 2022-23. Retrieved 2026-08-13.
Where the aid comes from
Aid received by full-time first-time undergraduates at New Mexico Military Institute in 2022-23, by source:
- 33 percent received a federal Pell Grant, averaging $4,791.
- 91 percent received institutional grants or scholarships from the school itself, averaging $8,643.
- 19 percent received state or local government grants, averaging $3,557.
- 8 percent took out federal student loans, averaging $3,735. Loans must be repaid and do not reduce the net price.
Source: IPEDS Student Financial Aid survey, 2022-23, full-time first-time undergraduates. Retrieved 2026-08-13. These figures describe a past cohort and are not an offer or estimate of aid.
Published cost vs what students actually pay
95 percent of full-time first-time undergraduates received grant or scholarship aid (2022-23 IPEDS).
That average net price is $2,667 below the New Mexico average of $9,635 across 21 reporting 2-year institutions (IPEDS SFA 2022-23, retrieved 2026-08-13).
Is the net price rising or falling?
The average net price at New Mexico Military Institute rose $340 over the two years ending 2022-23.
Average net price by year, 2020-21 through 2022-23, from the IPEDS Student Financial Aid survey. Retrieved 2026-08-13.
Size, retention, debt, earnings, and completion
- 331 degree-seeking undergraduates enrolled. Source: College Scorecard, most recent fall. Retrieved 2026-08-13.
- 50 percent of full-time first-time students returned for a second year. Source: College Scorecard, most recent cohort. Retrieved 2026-08-13.
- $5,500 median federal loan debt at graduation. Source: College Scorecard, most recent cohort. Retrieved 2026-08-13.
- $43,034 median earnings of former students 6 years after entry. Source: College Scorecard median earnings, most recent cohort. Retrieved 2026-08-13.
- $57,410 median earnings of former students 10 years after entry. Source: College Scorecard median earnings, most recent cohort. Retrieved 2026-08-13.
Earnings, debt, retention, and completion describe past federal aid cohorts as reported by the College Scorecard. They are not a promise of any individual outcome.
Common questions about New Mexico Military Institute costs
What is the real cost of New Mexico Military Institute?
Published tuition and fees at New Mexico Military Institute are $6,990 for 2023-24. The average net price, the full cost of attendance minus grant and scholarship aid, was $6,968 (2022-23 IPEDS Student Financial Aid data, retrieved 2026-08-13). Your price depends mostly on household income.
How much aid do students at New Mexico Military Institute get?
95 percent of full-time first-time undergraduates at New Mexico Military Institute received grant or scholarship aid in 2022-23 (IPEDS, retrieved 2026-08-13). The income bracket table on this page shows the average net price after that aid.
Do students at New Mexico Military Institute get Pell Grants?
33 percent of full-time first-time undergraduates at New Mexico Military Institute received a federal Pell Grant in 2022-23, averaging $4,791 (IPEDS Student Financial Aid data, retrieved 2026-08-13). Pell eligibility is determined by your FAFSA, not by the school.
Is New Mexico Military Institute worth the cost?
Federal data reports outcomes without judging value. Median federal loan debt at graduation is $5,500. Median earnings 10 years after entry are $57,410 (College Scorecard). Compare those figures with the net price for your income bracket to judge fit for your situation.
The school's official calculator
For a personalized federal estimate including your assets and family details, use New Mexico Military Institute's official net price calculator.
CollegeNPC.com is not affiliated with or endorsed by New Mexico Military Institute. Data is compiled from U.S. Department of Education public datasets. For the school's official net price calculator, visit the school's site.