Payback
EarningsPlus
Economic score
University of New Mexico is a public national university located in Albuquerque, New Mexico. University of New Mexico is very inclusive in their admissions.
Return on educational investment at University of New Mexico is in the bottom 50% of all ranked schools. The median student earns $41,674 10 years after enrolling, 3rd in New Mexico, and in the bottom 25% nationally. When adjusted for earning differences by major, University of New Mexico bachelor students earn 1% more than the national average. University of New Mexico is ranked 2nd in New Mexico.
University of New Mexico’s median net annual cost of $14,424 and average years to graduate of 5 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at University of New Mexico sorted by number of graduates - Business Administration, Registered Nursing, Psychology, Biology, Liberal Arts and Sciences, Education (subject specific) - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$14,424
Average years to graduate
5
Mechanical Engineering
Rank: #114
Economic score: 1.55
Dental Support Services
Rank: #15
Economic score: 1.81
Chemical Engineering
Rank: #104
Economic score: 2.22
Criminal Justice
Rank: #144
Economic score: 4
Poli Sci/Government
Rank: #183
Economic score: 4.41
Education
Rank: #40
Economic score: 5.14
Rhetoric & Composition
Rank: #23
Economic score: 5.62
Architecture
Rank: #50
Economic score: 6.22
Biochemistry, Biophysics and Molecular Biology
Rank: #60
Economic score: 6.32
Fine & Studio Arts
Rank: #291
Economic score: 76.52
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 6 graduate programs at University of New Mexico - Business Administration, Education, Public Administration, Registered Nursing, Education (subject specific), Therapeutic professions - are shown below. To see more programs, click on "see additional programs".
Mechanical Engineering
Rank: #10
Economic score: 0.22
Civil Engineering
Rank: #44
Economic score: 0.38
Accounting
Rank: #202
Economic score: 0.39
Computer/Information Technology Administration and Management
Rank: #11
Economic score: 0.48
Public Health
Rank: #46
Economic score: 0.61
Diagnostic, Intervention & Treatment
Rank: #41
Economic score: 0.74
Communication disorder sciences
Rank: #110
Economic score: 0.76
Special Education
Rank: #228
Economic score: 0.92
Student Counseling
Rank: #195
Economic score: 1.08
Music
Rank: #58
Economic score: 1.28
The average full-time graduate completes their degree in 5 years. 58% of all students graduate within 8 years including part-time students. The graduation rate at University of New Mexico is 10% higher than the state average, and 10% below the average for all national universities in the country.
At University of New Mexico, Pell Grant recipients represent 38% of the measured graduating class, 3% higher than the national average of 35%. The average Pell Grant recipient at University of New Mexico graduates within 5.2 years.
University of New Mexico is in the top 50% of schools for graduating Pell recipients.
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.
University of New Mexico’s economic mobility score of 13.74 is calculated by adjusting the 4.77 economic score of lower-income students by the 38% pell grant recipients within the student body. University of New Mexico’s EMS of 13.74 ranks in the bottom 50% nationally.false
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 50%
The average Title IV recipient at University of New Mexico pays $14,424 a year, $9,441 less than the $23,865 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 $14,424
Much of the gap between net price and sticker price is filled by institutional and government grants. At University of New Mexico, 98% 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 $14,424 on average to be covered by the student – be it through loans or out of pocket. In total, 54% of students take out loans, federal or private, at an average amount of $5,566. This is equal to the national average.
Federal grants
$5,240
Pell grants
$4,750
State grants
$3,026
Institutional grants
$3,980
University of New Mexico offers 12 online bachelor programs, all of which are hybrid format. At the master’s level University of New Mexico offers 12 programs, all of which are hybrid format. 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
24
Hybrid programs
24
Percentage of programs online
14%
University of New Mexico's very inclusive admissions are indicated by their 97% acceptance rate. In 2021, the school had 11,346 applicants, of which 11,036 were admitted and 3,077 enrolled. University of New Mexico has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
80%
83%
Female
58%
59%
First time
62%
59%
In-state
80%
68%
1st generation
41%
35%
White
30%
52%
Black
3%
14%
Hispanic
50%
15%
Asian
4%
5%
American Indian
6%
1.6%
Pacific Islander
N/A
0.3%
Other
8%
12%