University of New Mexico-Taos Tuition 2024| The College Monk

$1,854

Tuition

N/A

Cost of Attendance

$7,647

Net Price

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University of New Mexico-Taos Tuition and Fees

University of New Mexico-Taos Campus is known for offering a wide range of programs in a variety of streams, providing quality education to students. Compared to the tuition fees charged at most colleges, the cost of education at UNMTC is quite low. The average annual cost for students opting to pursue undergraduate programs at the university is estimated to be around $3,327, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The books and supplies and other expenses cost $1,159 and $5,492, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$1,958	$4,895
Book & Supplies	$1,125	$1,125
Room & Board cost	NA	NA
Other Expenses	NA	NA
Total Cost of Attendance	NA	NA

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall 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 University of New Mexico-Taos Campus, the total tuition and fees for the enrolled students come out to be around $3,327 in a year. Other than that, they will need to shell out an amount of $1,159 for books and supplies, $10,090 for room and boarding charges, and $5,492 toward other expenses on average in a year. Hence, based on this information, the overall cost of attending the university adds up to around $20,068 per year. Moreover, the tuition fees that the candidates have to pay stand at $1,902 and $4,752 for in-state and out-state students, respectively.

Average Net Price by Family Income

Net Price

$7,647

Family Income

Avg. Net Price

$0 to $30,000

$7,274

$30,001 to $48,000

$8,630

$48,001 to $75,000

$9,431

$75,001 to $110,000

$110,000+

The net cost of attending University of New Mexico-Taos Campus – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. Simply put, the family income of the candidate is a key factor in determining the net amount. At UNMTC, the average net price is estimated to be $8,541. For students with a family income below $30,000, the estimated net price is $8,520, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $8,844. On the other hand, an estimated net cost of $11,128 is charged for those with a family income between $48,001 and $75,000.

Student Loans

Example Loans

$17,700

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$184

Total interest paid

$4,343

Sum of Loan Payments

$22,043

To have a realistic understanding of how much it will cost to study at University of New Mexico-Taos here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $17,700 for example. This will result in a $2,204 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 $22,043 which is $4,343 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	$1,958	$4,895
Room & Board Cost	N/A	N/A
Total Tuition & Fees	N/A	N/A

At University of New Mexico-Taos Campus, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $3,327 per year. Moreover, the applicants must also pay an amount of $10,090 towards room and boarding charges. Accordingly, the overall cost for undergraduate students at the university totals about $20,068 per year, based on the available data.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$78

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 University of New Mexico-Taos Campus varies between graduate and undergraduate degrees. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $25. University of New Mexico-Taos Campus also offers a wide range of online programs across 14 different majors for students at present.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	N/A	$9,864
Other Expense	N/A	$5,366
Book & Supplies	$1,125	$1,125

Students of UNMTC who opt to live off-campus will be required to pay $15,582 per year toward housing. However, it is important to note that on-campus housing facilities have not been made available to students by the university. Moreover, off-campus candidates will have to pay an amount of $10,090 toward room and boarding charges. On the other hand, the charges toward books and supplies come to around $1,159. Apart from these, the other expenses that students should plan for add up to $5,492 for students who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$9,864

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$5,366

Housing & Other Expenses

Book & Supplies

On Campus

$1,125

Off Campus

$1,125

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the university is estimated to be around $100,459. Notably, the total expenses for undergraduate students amounted to $8,541 in 2018-2019, $7,647 in 2017-2018, and $6,725 in 2016-2017.

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