What is the average net price at University of New Mexico?

The average net price at University of New Mexico is $10,000 per year after grants and scholarships. This is what the typical student actually pays, not the sticker price.

Public University96% Acceptance Rate16,000 Undergrads

University of New Mexico

Q: How much does University of New Mexico cost?

The total estimated cost of attendance at University of New Mexico is $21,416 per year for the 2024-25 academic year, including tuition, room and board, and books.

Albuquerque, New Mexico · 2024-25

$7,716/ year in-state tuition

2024-25 Tuition & Fees

In-State Tuition & Fees$7,716

Out-of-State Tuition & Fees$24,888

Room & Board$12,500

Books & Supplies$1,200

Estimated Total Cost of Attendance

Tuition + room & board + books ($1,200)

In-State Total COA$21,416

Out-of-State Total COA$38,588

Average Net Price After Aid

$10,000/year

The average net price is what students actually pay after grants, scholarships, and work-study — not loans. Many students pay significantly less than the sticker price.

That's 53% less than the listed cost of attendance.

Common Questions

How much does University of New Mexico cost per year?

The estimated total cost of attendance at University of New Mexico for 2024-25 is $21,416 per year. This includes tuition, room and board ($12,500), and books and supplies. After financial aid, the average net price is $10,000/year.

What is the out-of-state tuition at University of New Mexico?

Out-of-state students pay $24,888 in tuition per year at University of New Mexico. The total out-of-state cost of attendance is approximately $38,588. In-state students pay $7,716 in tuition.

Does University of New Mexico offer financial aid?

Yes, University of New Mexico offers financial aid including grants, scholarships, work-study, and loans. To apply, complete the FAFSA as early as possible after October 1st. The average net price after all aid is $10,000/year, which is significantly lower than the sticker price.

Is University of New Mexico worth the cost?

The value of a University of New Mexico degree depends on your major, career goals, and financial situation. Consider factors like graduation rates, alumni earnings, available financial aid, and how the degree aligns with your career path. Always compare your actual net price after aid — not just the sticker price — when evaluating affordability.

At a Glance

Location: Albuquerque, New Mexico
Type: public University
Undergrad Enrollment: 16,000
Acceptance Rate: 96%
Aid Year: 2024-25

Official Website

Financial Aid Tips

1.File your FAFSA as early as October 1st — some aid is first-come, first-served.
2.Check the college's net price calculator for a personalized estimate.
3.Apply for scholarships — they don't need to be repaid.
4.Compare financial aid award letters carefully before committing.

Read our full FAFSA guide →

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