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Annual Costs

Undergraduate Tuition

New Mexico State University Alamogordo tuition is $1,872 per year for in-district residents. This is 37% cheaper than the national average public two year in-district tuition of $2,965. The cost is 10% cheaper than the average New Mexico in-district tuition of $2,073 for 2 year colleges. Tuition ranks 16th in New Mexico amongst 2 year colleges for affordability and is the 4th most expensive 2 year college in the state.

The school charges an additional fees of $192 in addition to tuition bringing the total effective in-state tuition to $2,424.

Housing Costs

New Mexico State University Alamogordo doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the Alamogordo area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $8,464.

Books and Supplies

The estimated annual cost for books and supplies is $1,250.

Other Living Expenses

Off-campus students should budget for $3,762 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-district residents to go to NMSU-Alamogordo is $15,540 for the 2017/2018 academic year. The total cost for in-state, but not in district residents is $15,900. Out-of-state students who don't possess New Mexico residence can expect a one year cost of $18,852. Students residing at home with parents providing food and housing can expect a total cost of $7,436.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for New Mexico State University Alamogordo and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for New Mexico State University Alamogordo
Estimated Budgets
In-District Resident Total Budget (Living Off Campus)$15,540
   In-District Tuition$1,872
   Other Fees$192
   Off-Campus Other Budget$3,762
   Books and Supplies$1,250
   Off-Campus Housing Estimate$8,464
In-District Resident Total Budget (Living with Parents)$7,076
   In-District Tuition$1,872
   Other Fees$192
   Family Provided Room and Board$0
   With-Family Other Living Budget$3,762
   Books and Supplies$1,250
New Mexico Out of District Total Budget (Living Off Campus)$15,900
   In-State Tuition$2,232
   Other Fees$192
   Off-Campus Housing Estimate$8,464
   Off-Campus Other Budget$3,762
   Books and Supplies$1,250
New Mexico Out of District Total Budget (Living with Parents)$7,436
   In-State Tuition$2,232
   Other Fees$192
   Family Provided Room and Board$0
   With-Family Other Living Budget$3,762
   Books and Supplies$1,250

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $15,900 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported NMSU-Alamogordo net price for in-state students is $5,192* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

90% of New Mexico State University Alamogordo students received grant aid in 2014/2015. The average total aid amount was $4,089. 64 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,102. To apply for a Pell Grant to attend New Mexico State University Alamogordo, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for New Mexico State University Alamogordo
Financial Aid Summary
Average Annual Net Price$5,192*
Percent of Students Receiving Grant Aid90%
Average Total Grant Aid$4,089
Percent of Students Receiving Pell Grants64%
Average Amount of Pell Grant Aid$4,102

Average Net Price for In-State Students by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$3,403
$30,001 to $48,000$4,236
$48,001 to $75,000$4,816
$75,001 to $110,000$7,586
$110,000+n/a

Average Financial Aid Mix - $15,900 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $15,900. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

34%
26%
40%

Grants and Scholarships

 34% - $4,089

Money granted to you by the U.S. Department of Education, New Mexico State University Alamogordo or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 26% - $3,157

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 40% -  $4,892

Covered by family savings, work or private student loans which you will have to repay.


*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Tuition Comparison to Similar Community Colleges in the Region

School Cost vs. New Mexico State University Alamogordo
Eastern New Mexico University Ruidoso Campus35.5% less expensive
New Mexico State University Dona Ana15.1% less expensive
Eastern New Mexico University Roswell Campus8.6% less expensive
El Paso Community College1.1% more expensive
New Mexico Military Institute82.1% less expensive

Cost of a Degree

Being a school offering two year programs, prospective students should consider the multi year outlay when budgeting the cost for two years at New Mexico State University Alamogordo.

Estimated 2 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 2 year associate degree at NMSU-Alamogordo is $31,800 for students graduating in normal time. This methodology for estimating the 2 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $1,963 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $3,926**

**Based on a 2 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at New Mexico State University Alamogordo.

New Mexico Resident Tuition Per Semester$1,116
New Mexico Resident Total Cost Per Semester$7,950
Non-New Mexico Resident Tuition Per Semester$2,592
Non-New Mexico Resident Total Cost Per Semester$9,426

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at New Mexico State University Alamogordo are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at New Mexico State University Alamogordo
Price per credit hour for in district residents$78
Cost for one class for in district residents (3 credit hours)$234
Price per credit hour for New Mexico residents$93
Cost for one class for New Mexico residents (3 credit hours)$279
Price per credit hour for out of state residents$216
Cost for one class for out of state residents (3 credit hours)$648
Cost for one class for out of state residents (4 credit hours)$864

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Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 27% of New Mexico State University Alamogordo students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $3,157.

Example Loan Payments and Costs

How much are student loan payments for New Mexico State University Alamogordo? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $3,926, 100% of the estimated average net price for a two year program and paid nothing while enrolled. The total of all payments including interest would sum $4,871.27. This could be your effective total out of pocket cost of an education at New Mexico State University Alamogordo. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 90% of students at this school who receive financial aid and you are paying an average annual net price of $1,963. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our New Mexico State University Alamogordo student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

New Mexico State University Alamogordo Student Loan Payments
Example Payments
Monthly Loan Payment$40.59
Amount Borrowed$3,926.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$945.27
Sum of All Payments over 10 years$4,871.27

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend NMSU-Alamogordo? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending New Mexico State University Alamogordo, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $4,871.27 would be needed to afford a $40.59 monthly payment in the example $3,926.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to New Mexico State University Alamogordo in the future? In the past four years, this school's published in-state tuition and fee total rose from $2,160 to $2,232. This amounts to an average annual price increase of 0.7%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 2 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 2 year cost of $31,800.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for New Mexico State University Alamogordo.

Annual2 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$20,800$41,600
Estimated Cost in 10 years for students enrolling in 2029$26,547$53,094
Estimated Cost in 15 years for students enrolling in 2034 $33,881$67,763
Estimated Cost in 18 years for students enrolling in 2037 $39,222$78,444

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at New Mexico State University Alamogordo to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
General Studies Associate's Degree 122 11% cheaper
Registered Nursing/Registered Nurse Associate's Degree 61 7% cheaper
Business/Commerce, General Associate's Degree 16 15% cheaper
Criminal Justice/Safety Studies Associate's Degree 12 2% cheaper
Human Services, General Associate's Degree 10 15% cheaper
Education, General Associate's Degree 8 0% cheaper
Animation, Interactive Technology, Video Graphics and Special Effects Associate's Degree 3 6% cheaper
Medical Office Assistant/Specialist Associate's Degree 3 5% cheaper
General Office Occupations and Clerical Services Associate's Degree 3 3% cheaper
Legal Assistant/Paralegal Associate's Degree 2 7% cheaper
Multi-/Interdisciplinary Studies, Other Associate's Degree 2 2% costlier
Administrative Assistant and Secretarial Science, General Associate's Degree 1 1% costlier
Fine/Studio Arts, General Associate's Degree 1 5% cheaper

Calculators

Use the calculators below to formulate a college savings plan for New Mexico State University Alamogordo or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford New Mexico State University Alamogordo in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a New Mexico State University Alamogordo student loan.

Prepayment Option

About New Mexico State University Alamogordo

New Mexico State University Alamogordo is a two year community college located in Alamogordo, New Mexico.  Full time enrollment is 440 and part time is 1,331.  New Mexico State University Alamogordo has an open admission policy meaning that any prospective student who has completed high school or attained a GED certificate may enroll in classes.

Only undergraduate degrees are offered at this school.

Address
New Mexico State University Alamogordo
2400 North Scenic Drive
Alamogordo, New Mexico
88310

For Profit / Not For Profit Status

New Mexico State University Alamogordo is a public not for profit institution. Public schools often represent the best value for your education dollar, especially when students qualify for in-state tuition.

New Mexico State University Alamogordo cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=187994 IPEDS survey data.