Covering Innovation & Inequality in Education
This year at New Mexico Military Institute, we project that on average students will pay $7,566, while the advertised price of attendance is $20,298. That’s a difference of $12,732.
| Year | Net in-state price at New Mexico Military Institute | In-state sticker price at New Mexico Military Institute | Out-of-state sticker price at New Mexico Military Institute |
|---|---|---|---|
| 26-27 | $7,566 | $20,298 | $27,662 |
| 25-26 | $7,420 | $19,906 | $27,069 |
| 24-25 | $7,276 | $19,522 | $26,488 |
| 23-24 | $7,127 | $19,121 | $26,173 |
| 22-23 | $6,968 | $18,891 | $25,943 |
| 21-22 | $8,560 | $18,891 | $25,943 |
| 20-21 | $6,628 | $18,392 | $24,786 |
| 19-20 | $7,775 | $17,548 | $24,030 |
| 18-19 | $7,164 | $13,206 | $23,210 |
| 17-18 | $6,954 | $12,743 | $21,726 |
| 16-17 | $4,218 | $13,566 | $19,500 |
| 15-16 | $4,693 | $12,947 | $18,392 |
| 14-15 | $7,256 | $15,756 | $20,867 |
| 13-14 | $5,936 | $14,506 | $19,180 |
How much a student actually pays usually depends, at least in part, on their family's household income. At New Mexico Military Institute this year, we project students with incomes over $110K will pay around $10,728, while students with incomes below $30K will pay around $2,943. That's a difference of $7,785.
| Income bracket | Projected net price at New Mexico Military Institute |
|---|---|
| <$30K | $2,943 |
| $30K-$48K | $4,312 |
| $48K-$75K | $6,300 |
| $75K-$110K | $4,469 |
| >$110K | $10,728 |
A school’s graduation rate can indicate how likely a student is to complete their degree. At New Mexico Military Institute, over the last five years 42% of students earned their associate’s degree within four years of enrolling.
Students from different demographic backgrounds often graduate at different rates, so it can be helpful to look beyond the overall graduation rate. This chart shows how students of different races and ethnicities fare earning their degrees at New Mexico Military Institute.
| Demographic category | Graduation rate at New Mexico Military Institute | National average |
|---|---|---|
| American Indian/Alaska Native | 58% | 31% |
| Asian | 44% | 48% |
| Black | 16% | 35% |
| Hispanic | 55% | 45% |
| Native Hawaiian/Pacific Islander | 51% | 25% |
| White | 38% | 51% |
| Multiple races | 25% | 36% |
| Unknown race | 40% | 34% |
The size and demographic makeup of a school’s student body can have a large impact on a student’s experience. New Mexico Military Institute has 528 students, which puts it in the {SIZE_PERCENTILE} percentile of public, 2-year schools.
About 78% of students are male.
And about 30% of students are hispanic.