University of New Mexico Tuition Fees: A Comprehensive Guide
Understanding the costs associated with higher education is crucial for prospective students and their families. This article provides a detailed overview of the tuition fees, living expenses, financial aid options, and other costs associated with attending the University of New Mexico (UNM).
Cost of Attendance at UNM: An Overview
The University of New Mexico-Main Campus, like other institutions of higher learning, has a variety of costs associated with its programs. These costs vary depending on whether a student is in-state or out-of-state. The total cost of attendance (COA) at UNM for the academic year 2024-2025 includes tuition & fees, books & supplies, and living expenses. For in-state students, the estimated COA is $28,930 and $51,850 for out-of-state students.
Tuition and Fees
The 2025 tuition & fees of University of New Mexico-Main Campus is $10,140 for in-state and $33,060 for out-of-state students. UNM's tuition & fees has significantly risen this year (more than 10%). Its tuition & fees is a little bit lower than the average tuition for R1 Universities' tuition of $39,909 based on out-of-state tuition rate. The graduate school tuition at University of New Mexico-Main Campus is $9,860 for in-state and $28,734 for out-of-state students. University of New Mexico-Main Campus has law school and medical school and their tuition is different from other graduate programs, usually higher. The law school tuition is $21,018 for in-state and $44,736 for out-of-state students. The medical school tuition is $20,152 for in-state and $48,388 for out-of-state students.
For part-time and/or full-time students who take additional credits at UNM is $354 per New Mexico residents and $1,309 for out-of-state students. The graduate tuition per credit hour is $465 for New Mexico residents and $1,515 for out-of-state students.
Projected Tuition Increases
Based on the last year increase rate, The 2026 estimated tuition & fees at UNM is $12,670 for New Mexico residents and $41,320 for out-of-state students, a 25.0% increase compared to 2025's rate. It has been risen by 24.95% for New Mexico residents and increased by 24.99% for out-of-state rates compared to the previous year. The graduate tuition has been risen by 33.33% for New Mexico residents and increased by 33.34% for out-of-state rates compared to the previous year.
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Living Expenses
The living costs at UNM is $17,026 when living on campus. The on-campus living costs increased by 2.62% compared to the previous year. The UNM's 2025 COA is $28,930 for in-state and $51,850 for out-of-state students for whom living on campus. The off-campus COA is $30,996 for in-state and $53,916 for out-of-state students.
In addition to tuition and fees, students must also consider the cost of books and supplies, which is 1253 USD, and room and board charges, which are 10916 USD. The University of New Mexico-Main Campus does provide on-campus housing, with a total dormitory capacity of 2085.
Estimated 4-Year Cost of Attendance
Based on recent tuition increase rate, for the students who were admitted in Fall 2025, the estimated 4-years COA is $123,293 for New Mexico residents and $227,020 for out-of-state students. The projected 4-year cost for a degree is approximately $123,293, including tuition, fees, room and board, books, supplies, and other expenses. The tuition and fees alone are approximately $12,322 per year, which would total around $45,882 over four years. Out-of-State: The projected 4-year cost for a degree is approximately $227,020. The tuition and fees are around $40,181 per year, totaling about $149,609 over four years.
Detailed Breakdown of Estimated Costs
The following tables provide a detailed breakdown of the estimated costs for different entering classes, considering both in-state and out-of-state students:
Class of 2029 (Entering Fall 2025)
| Expense | In-State | Out-of-State |
|---|---|---|
| Year 1 | $17,692 | $41,758 |
| Year 2 | $18,448 | $43,718 |
| Year 3 | $19,116 | $45,772 |
| Year 4 | $19,813 | $47,925 |
| 4-Year Total | $75,445 | $179,172 |
Class of 2030 (Entering Fall 2026)
| Expense | In-State | Out-of-State |
|---|---|---|
| Year 1 | $18,448 | $43,718 |
| Year 2 | $19,239 | $45,772 |
| Year 3 | $19,936 | $47,925 |
| Year 4 | $20,662 | $50,183 |
| 4-Year Total | $78,684 | $187,598 |
Class of 2031 (Entering Fall 2027)
| Expense | In-State | Out-of-State |
|---|---|---|
| Year 1 | $19,239 | $45,772 |
| Year 2 | $20,066 | $47,925 |
| Year 3 | $20,792 | $50,183 |
| Year 4 | $21,550 | $52,551 |
| 4-Year Total | $82,072 | $196,432 |
Class of 2032 (Entering Fall 2028)
| Expense | In-State | Out-of-State |
|---|---|---|
| Year 1 | $20,066 | $47,925 |
| Year 2 | $20,931 | $50,183 |
| Year 3 | $21,689 | $52,551 |
| Year 4 | $22,480 | $55,034 |
| 4-Year Total | $85,616 | $205,694 |
Class of 2033 (Entering Fall 2029)
| Expense | In-State | Out-of-State |
|---|---|---|
| Year 1 | $20,931 | $50,183 |
| Year 2 | $21,836 | $52,551 |
| Year 3 | $22,627 | $55,034 |
| Year 4 | $23,452 | $57,638 |
| 4-Year Total | $89,325 | $215,406 |
Financial Aid and Affordability
Financial Aid Statistics
88% of enrolled students have received grants or scholarships, and the average aid amount is $11,962. After receiving the financial aid, the net price for 4 years of attending the school is $75,445 for New Mexico residents and $179,172 for out-of-state students. 88% of UNM undergraduates receive grants or scholarships, with an average aid amount of $11,962 per student. 59% of students receive financial aid. 99% of Freshmen With Need and Received Financial Aid.
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The average need-based scholarship or grant awarded to first-year students at University of New Mexico was $14,837. Additionally, 66% of first-year students received need-based financial aid in fall 2023.
Types of Financial Aid
Financial aid can include grants, loans, scholarships and work-study jobs. Financial aid packages vary depending on your financial need. Most colleges determine financial need based on your FAFSA. Scholarships are a type of funding that you don’t need to pay back. Need-based scholarships take a student’s financial status into account. Merit-based scholarships are awarded to students for academic or athletic achievement. You might also qualify for a scholarship based on your community service involvement, unique hobbies or traits, your personal background, or a parent’s employer or military affiliation. The average expected pay for working students is approximately $10 per hour, although this may vary depending on the specific position and department.
Need-based self-help aid includes federal loans and work-study. The average need-based self-help aid awarded to first-year students was $3,304. Merit-based aid, also called non-need-based aid, is awarded for a specific talent or academic achievement. The average non-need-based scholarship or grant awarded to first-year students at University of New Mexico - excluding any athletic scholarships, if applicable - was $5,082.
Financial Aid Dates
Application Due Jun 30 The last day to apply for financial aid or turn in related paperwork. Priority Application Due Jan 5 Applications received prior to this date will be given the strongest consideration. Still apply for financial aid if you don’t make this due date. Notification Date Mar 15 When students receive a letter with the amount and types of aid the college is offering.
Net Price
Your net price is a college’s cost of attendance minus the grants and scholarships you receive. The net price you pay for a particular college is specific to you because it’s based on your personal circumstances and the college’s financial aid policies. Use the college’s Net Price calculator for the most accurate estimate of your net price. The average net price for full-time beginning students at University of New Mexico-Main Campus varies depending on their income level. For students with an income between 0-30,000 USD, the average net price is 13742 USD. Those with an income between 30,001-48,000 USD have an average net price of 15144 USD. Students with an income between 48,001-75,000 USD face an average net price of 17292 USD.
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Student Loan Debt
How much student loan debt you accumulate can affect your financial life long after college ends. Ideally, your total student loan debt should fall below your anticipated starting salary once you graduate. At University of New Mexico, the median federal loan debt among borrowers who completed their undergraduate degree is $18,450. The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $196. Additionally, 4% of graduating students at University of New Mexico took out private loans. Students with private loans had an average of $21,821 in private loan debt at graduation. Average Total Indebtedness of 2024 Graduating Class$22,587. Graduating students who have borrowed (any loan type, 2024)36%.
Work-Study Opportunities
The University of New Mexico-Main Campus offers a diverse range of work-study, internship, and on-campus employment opportunities for its students. These options allow students to gain valuable work experience while earning money to help finance their education.
On-campus employment opportunities can be found in various areas, such as the library, student center, and academic departments. These positions enable students to acquire practical work experience while earning money to support their education. Students are allowed to work up to 20 hours per week, and the university recommends applying for these positions early in the semester to increase the likelihood of being hired.
Internship opportunities are also accessible for students at the University of New Mexico-Main Campus. These internships offer hands-on experience in the students' field of study and can potentially lead to future job opportunities. The university provides a variety of internship programs, including the STEM Advancement Program (STEMAP) by NM SMART Grid Center. This program offers virtual research opportunities for undergraduate students from New Mexico regional universities, community colleges, and tribal colleges. Participants are expected to work around 20 hours a week and receive mentorship from faculty, technical mentors, and SMART Grid project students.
UNM Tuition Compared to Other Schools
University of New Mexico's tuition is $11,455 for in-state and $34,603 for out-of-state students. Compared with the national average cost of in-state tuition of $12,422, University of New Mexico is cheaper. For students coming from out of state, the tuition is more expensive than the national average cost of out-of-state tuition of $29,767. These figures include both tuition and fees, also referred to as the sticker price.
Nationwide, out-of-state students pay, on average, $19,933 per year in tuition and fees to attend college. At $25,243 a year, the average out-of-state tuition at University of New Mexico - Main Campus was high when compared to the national average. In-state undergrads in New Mexico pay an average of $16,784 for tuition and fees. In-state undergraduates at UNM pay about $7,906 a year, which is significantly less than the countrywide average.
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