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Saturday, November 23, 2024

Cost of college went up for resident students at the University of New Mexico-Valencia County Campus

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In-state tuition and fees rose 6.8 percent for 2018-19 at the University of New Mexico-Valencia County Campus, according to recent data from the U.S. Department of Education.

New Mexico residents paid $1,878 to attend the two-year public institution this year – $120 more than the $1,758 charged for 2017-18.

Non-resident students would have paid 173.2 percent more than residents this year, or $5,130. Non-resident tuition and fees were unchanged from $5,130 in 2017-18.

About 98 percent of the school's undergraduate population are New Mexico residents.

Data shows 97 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 221 students received grants or scholarships totaling $1.2 million and 37 students took out student loans totaling more than $185,837.

Including all undergraduates (2,041), 1,018 students used grants or scholarships totaling $5.5 million, and 409 students took out $3.1 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~2,000$1,758$1,668$1,758$1,8786.8%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the University of New Mexico-Valencia County Campus in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants18079%$924,910$5,138
State / local grant or scholarship13860%$176,899$1,282
Institutional grants or scholarships5424%$91,056$1,686
Grant or scholarship aid total22197%$1,192,865$5,398
Federal student loans3716%$185,837$5,023
Other student loans00%$0-
Student loan aid3716%$185,837$5,023
Total student aid22197%--

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