Payback
EarningsPlus
Economic score
Northern New Mexico College is a public located in Espanola, New Mexico. Northern New Mexico College has an open admissions policy.
Return on educational investment at Northern New Mexico College is in the top 50% of all ranked schools. The median student earns $31,838 10 years after enrolling, 8th in New Mexico, and in the bottom 5% nationally. When adjusted for earning differences by major, Northern New Mexico College bachelor students earn 4% less than the national average.
Northern New Mexico College’s median net annual cost of $8,796 and average years to graduate of 3.3 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 2 programs at Northern New Mexico College sorted by number of graduates - Business Administration, Liberal Arts and Sciences - are shown below.
Annual net cost
$8,796
Average years to graduate
3.3
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
The average full-time graduate completes their degree in 3.3 years. 26% of all students graduate within 8 years including part-time students. The graduation rate at Northern New Mexico College is 21% lower than the state average, and 18% below the average for all community college - baccalaureates in the country.
At Northern New Mexico College, Pell Grant recipients represent 40% of the measured graduating class, 5% higher than the national average of 35%. The average Pell Grant recipient at Northern New Mexico College graduates within 4.8 years.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Northern New Mexico College’s economic mobility score of 9.64 is calculated by adjusting the 6.55 economic score of lower-income students by the 40% pell grant recipients within the student body. Northern New Mexico College’s EMS of 9.64 ranks in the bottom 25% nationally. Please note that the economic mobility score considers only students that have graduated.
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 25%
The average Title IV recipient at Northern New Mexico College pays $8,796 a year, $-2,644 less than the $6,152 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $8,796
Much of the gap between net price and sticker price is filled by institutional and government grants. At Northern New Mexico College, 87% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $8,796 on average to be covered by the student – be it through loans or out of pocket. In total, 1% of students take out loans, federal or private, at an average amount of $9,402. This is 53% less than the national average.
Federal grants
$9,402
Pell grants
$4,448
State grants
$2,091
Institutional grants
$1,050
Northern New Mexico College offers 2 online bachelor programs, both of which are held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
2
Percentage of programs online
12%
Full time
64%
83%
Female
59%
59%
First time
58%
59%
In-state
98%
68%
1st generation
63%
35%
White
11%
52%
Black
3%
14%
Hispanic
69%
15%
Asian
2%
5%
American Indian
10%
1.6%
Pacific Islander
N/A
0.3%
Other
7%
12%