Estimated Costs Of Attendance for 2023-2024 :: UNM Financial Aid Office (2024)

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Estimated Costs Of Attendance for 2023-2024 :: UNM Financial Aid Office? ›

University of New Mexico - Main Campus average financial aid offer for freshmen students is $7,387.00. Approximately 96% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.

University of New Mexico - Main Campus average financial aid offer for freshmen students is $7,387.00. Approximately 96% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.

Cost of Attendance (COA): COA is the estimated cost of attending UNM. It includes items such as Tuition & Fees, Room & Board (both on and off campus), Books, Transportation, and a miscellaneous category. It is not your bill or what you owe to the University.

University of New Mexico has an acceptance rate of 96%. Half the applicants admitted to University of New Mexico who submitted test scores have an ACT score between 18 and 25. However, one quarter of admitted applicants achieved scores above these ranges and one quarter scored below these ranges.

In-state tuition 7,627 USD, Out-of-state tuition 24,751 USD (2022 – 23)

New Mexico State University / Undergraduate tuition and fees

aThe maximum share of systemwide tuition and fees covered is set at 40 percent. In 2021‑22, CSAC is prorating award amounts to stay within the program spending cap of $117 million. Students with a household income of up to $127,000 are eligible for the largest award.

But, the maximum amount can be in the low tens of thousands of dollars per year. Average amounts are about $9,000, with less than half of that in the form of grants. This table shows the maximum and average amounts for various types of federal student aid for undergraduate students for 2020-2021.

COA is the amount it will cost a student to go to school. Most two-year and four-year colleges calculate their COA to show the total cost for the school year (for instance, for the fall and spring semesters).

What's Included in the COA. As dictated by Congress, the COA is the average cost to attend for one academic year (fall through spring). It includes tuition and fees, books and supplies, room and board, transportation, and personal expenses. Colleges adjust the COA yearly to reflect changes to these costs.

Direct costs are those paid directly to the college and include tuition and fees, housing, and meal plan. Tuition is the amount you owe to attend college for classes and instruction. Some colleges may charge one set tuition rate while others may charge per credit hour.

Which is better, NMSU or UNM? ›

UNM and NMSU also ranked No. 100 and No. 126, respectively, in the Best Public Schools ranking list. Two other New Mexico institutions made the list, Anderson's School of Management at UNM ranked 127 out of 400 for undergraduate business programs and St.

University of New Mexico's ranking in the 2024 edition of Best Colleges is National Universities, #236.

Strong academic preparation and a U.S.-equivalent cumulative grade point average of 2.5 on a 4.0 scale (for freshman applicants) or 2.0 college/university grade point average on a 4.0 scale (for transfer students).

The New Mexico Opportunity Scholarship provides tuition and required fee assistance for New Mexico residents who meet eligibility and are pursuing a training certificate, Associate Degree, or Bachelor's Degree at a New Mexico public college or university.

UNM Student Financial Aid Office

The mission of the UNM Financial Aid Office is to provide UNM students with the timely delivery of financial assistance while maintaining accountability and proper stewardship of the public, institutional, and private funds with which it is entrusted.

No matter how much aid you're offered, it is always up to you to decide how much of a student loan you want to accept. The rule of thumb is that you should only borrow as much money as you absolutely need to pay for the school year. You can always tell your school that you want to borrow less than what is offered.

If you are an established New Mexico resident & plan to enroll in at least 6 credit hours at a public college or university in NM toward a training certificate, associate degree, or bachelor's degree, you may qualify.