NMMI's tuition & fees has increased from $9,647 (2014) to $14,042 (2024), and the rate of tuition increase is 45.56% over the past 10 years.
NMMI's tuition increase rate is higher than the New Mexico's average increase rate of 28.47%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 25.43% from 2014 ($20,867).
For the current academic year 2023-2024, NMMI's COA is $26,173, which is increased by 0.89% from last year.
The following table and chart show changes to NMMI's COA over the past 10 years.
Off-campus living costs are not available.
Tuition & Fees Changes
The tuition & fees have increased 45.56% for the last 10 years , and the 2024 tuition & fees are $14,042. The following table and chart show the tuition & fees changes at New Mexico Military Institute over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,100, and it has decreased -26.67% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,500 | - |
|---|
| 2015-16 | $1,100 | -26.67% |
|---|
| 2016-17 | $1,100 | |
|---|
| 2017-18 | $1,100 | |
|---|
| 2018-19 | $1,100 | |
|---|
| 2019-20 | $1,100 | |
|---|
| 2020-21 | $1,100 | |
|---|
| 2021-22 | $1,100 | |
|---|
| 2022-23 | $1,100 | |
|---|
| 2023-24 | $1,100 | |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased 15.87% when a student lives on-campus facilities from the year 2014 to 2024. The following table shows the changes in living costs at New Mexico Military Institute.
| Year | Living On Campus | Change by Year |
|---|
| 2014-15 | $9,720 | - |
|---|
| 2015-16 | $7,170 | -26.23% |
|---|
| 2016-17 | $7,325 | 2.16% |
|---|
| 2017-18 | $7,325 | |
|---|
| 2018-19 | $7,576 | 3.43% |
|---|
| 2019-20 | $10,276 | 35.64% |
|---|
| 2020-21 | $10,676 | 3.89% |
|---|
| 2021-22 | $10,826 | 1.41% |
|---|
| 2022-23 | $10,826 | |
|---|
| 2023-24 | $11,031 | 1.89% |
|---|
Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between New Mexico Military Institute and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| New Mexico Military Institute | $14,042
($6,990) | $14,017
($6,965) | 0.18% |
|---|
|
| Central New Mexico Community College | $8,366
($1,934) | $7,978
($1,858) | 4.86% |
|---|
|
| New Mexico State University-Dona Ana | $6,360
($2,718) | $5,880
($2,238) | 8.16% |
|---|
|
| San Juan College | $4,985
($1,790) | $4,882
($1,714) | 2.11% |
|---|
|
| Santa Fe Community College | $4,995
($2,505) | $4,995
($2,505) | - |
|---|
|
| Clovis Community College | $3,224
($1,736) | $3,224
($1,736) | - |
|---|
|