Tuition for in-state students at New Mexico Highlands University rose by 3.8% during the 2022-23 academic year, based on the most recent information available, according to the latest disclosure from the National Center for Education Statistics.
Residents of New Mexico paid $7,140 to attend the public four-year university this year, an increase of $264 from the $6,876 charged in the 2021-22 academic year.
Non-resident students were charged 67.9% more than in-state students for the 2022-23 year, paying $11,988. This represents a 4% increase from the $11,532 tuition fee in the previous year.
Approximately 78% of the undergraduate students at New Mexico Highlands University are residents of New Mexico, while about 18% come from other states and 4% are international students.
Data indicates that 97% of full-time undergraduates who enrolled in the 2022-23 academic year received some form of financial aid. A total of 211 students were awarded grants or scholarships amounting to $1.3 million, and 45 students took out loans exceeding $107,805.
Across all undergraduate students, 1,358 received grants or scholarships totaling $13.1 million. Additionally, 279 students borrowed $1.4 million in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 126 | 56% | $382,300 | $3,034 |
| State / local grant or scholarship | 177 | 79% | $454,571 | $2,568 |
| Institutional grants or scholarships | 179 | 80% | $433,453 | $2,422 |
| Grant or scholarship aid total | 211 | 94% | $1.3 million | $6,020 |
| Federal student loans | 41 | 18% | $77,879 | $1,899 |
| Other student loans | 5 | 2% | $29,926 | $5,985 |
| Student loan aid | 45 | 20% | $107,805 | $2,396 |
| Total student aid | 219 | 97% | $1.4 million | $6,292 |
