New Mexico Highlands University Tuition 2023| The College Monk

$4,320

Tuition

$19,134

Cost of Attendance

$10,821

Net Price

New Mexico Highlands University Tuition and Fees

New Mexico Highlands University offers undergraduate and postgraduate programs across different fields, providing quality education to students. The expense of education here is very low, compared to the tuition fees charged by different colleges. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the university adds up to about $8,454, which includes the total tuition fees and other expenses. While housing costs $8,126, the charges for books and supplies and other expenses stand at $1,144 and $3,968, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$6,150	$10,302
Book & Supplies	$1,144	$1,144
Room & Board cost	$7,872	$7,872
Other Expenses	$3,968	$3,968
Total Cost of Attendance	$19,134	$23,286

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. The total tuition and fees for students attending New Mexico Highlands University come out to be around $8,454 per year. In addition, the students will be needed to pay an average expense of $1,144 for books and supplies, $9,040 toward room and boarding, and $3,968 for different other expenses in a year. So, the overall cost of attending NMHU comes out to be about $22,606 per year, according to the most recent information available. Moreover, the tuition fees that the candidates have to pay stand at $6,318 and $10,590 for in-state and out-state students, respectively.

Average Net Price by Family Income

Net Price

$10,821

Family Income

Avg. Net Price

$0 to $30,000

$8,998

$30,001 to $48,000

$10,162

$48,001 to $75,000

$12,772

$75,001 to $110,000

$13,286

$110,000+

$15,622

The net price of attending New Mexico Highlands University is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. So, it all essentially depends on the family income bracket of the student. At NMHU, the average net price is estimated to be around $10,617. For students with a family income below $30,000, the estimated net price is $8,345, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $9,126. On the other hand, an estimated net cost of $10,625 is charged for the $48,001-$75,000 income bracket, $14,069 for the $75,001-$110,000 income category, and $14,889 for an annual family income more than $110,000.

Student Loans

Example Loans

$39,876

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$414

Total interest paid

$9,783

Sum of Loan Payments

$49,659

To have a realistic understanding of how much it will cost to study at New Mexico Highlands University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $39,876 for example. This will result in a $4,966 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $49,659 which is $9,783 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$6,150	$10,302
Room & Board Cost	$7,872	$7,872
Total Tuition & Fees	$14,022	$18,174

At New Mexico Highlands University, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $8,454 per year. They would also be required to pay around $9,040 for their room and boarding expenses. In this way, for one year, the total cost for undergraduate students comes to around $22,606.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$4,968	$9,072
Fees	$1,830	$1,830

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$207
Undergraduate	2018 - 2019	$180

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend New Mexico Highlands University varies for graduate and undergraduate courses. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $65. Also, New Mexico Highlands University currently offers a number of online courses to students across 43 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$7,872	$9,664
Other Expense	$3,968	$3,968
Book & Supplies	$1,144	$1,144

Moving on to the housing and related expenses at New Mexico Highlands University, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $12,094 per year, whereas, the cost for off-campus lodging is $13,922 a year. Besides, on-campus candidates will have to pay about $8,126 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $9,954. On the other hand, the charges toward books and supplies come to around $1,144. Apart from these, the other expenses that a candidate needs to plan for add up to around $3,968.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$7,872

Off Campus

$9,664

Housing & Other Expenses

Other Expenses

On Campus

$3,968

Off Campus

$3,968

Housing & Other Expenses

Book & Supplies

On Campus

$1,144

Off Campus

$1,144

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Masters	NA	$525
Bachelors	NA	$325

New Mexico Highlands University offers 5 online programs across 3 Majors.

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at New Mexico Highlands University is around $114,078 as per official data. Notably, the total expenses for undergraduate students amounted to $10,617 in 2018-2019, $10,821 in 2017-2018, and $10,340 in 2016-2017.