Cost of Attendance
Northern New Mexico College offers undergraduate 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. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Northern New Mexico College comes to around $9,314, which includes tuition and other expenses as well. While books and supplies cost $1,200, the charges for other expenses stand at $4,688.
Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. 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. What's more, at Northern New Mexico College, the total tuition and fees for the enrolled students come out to be around $9,314 in a year. In addition, the students will be needed to pay an average expense of $1,200 for books and supplies, $8,506 toward room and boarding, and $4,688 for different other expenses in a year. Hence, based on this information, the overall cost of attending the college adds up to around $23,708 per year. At the university, in-state students will be required to pay an amount of $4,952 toward tuition and fees, while out-state candidates need to shell out $13,676.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
As for the net cost for attending NNMC, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. Simply put, the family income of the candidate is a key factor in determining the net amount. At NNMC, the average net price is estimated to be $6,703. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $8,046. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $9,167. On the other hand, an estimated net cost of $9,991 is charged for the $48,001-$75,000 income bracket and $12,398 for the $75,001-$110,000 income category.
Stafford Loan Interest
Time to Pay off Student Loan
Example monthly payment
Total interest paid
Sum of Loan Payments
To have a realistic understanding of how much it will cost to study at Northern New Mexico College (NNMC)
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $20,184
for example. This will result in a
payment to be made each year.
We can assume that the interest rate is
post any refinancing or consolidation activities with a
Then the total payment made towards the loan is
in addition to the principal amount, which constitutes the interest
payment made throughout the life of the loan.
For students pursuing undergraduate courses at Northern New Mexico College, the tuition and fees are estimated to be $9,314 per year. They would also be required to pay around $8,506 for their room and boarding expenses. In view of this information, the estimated total cost for undergraduate students at NNMC adds up to $23,708.
The cost per credit hour – the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend Northern New Mexico College varies between graduate and undergraduate degrees. The cost per credit hour for the graduate courses at the college sits at $71. Also, Northern New Mexico College currently offers a number of online courses to students across 41 different majors.
As far as the housing and related charges are concerned, the off-campus housing facilities will cost students $13,194 per year. However, it should be noted that on-campus lodging facilities are not available at the college. For off-campus students at the university, the room and board charges total about $8,506 per year. Coming to the books and supplies charges, the students will be required to pay an amount of $1,200. Meanwhile, the other expenses that one needs to plan for add up to $4,688 for off-campus students.
Housing & Other Expenses
Room & Boards
Book & Supplies
As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the college is estimated to be around $119,224. Notably, the total expenses for undergraduate students amounted to $6,703 in 2018-2019, $6,884 in 2017-2018, and $6,891 in 2016-2017.
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